iShares Global Tech ETF (NYSEARCA:IXN) Shares Sold by Raymond James & Associates

Raymond James & Associates cut its stake in shares of iShares Global Tech ETF (NYSEARCA:IXN) by 1.3% in the third quarter, according to its most recent disclosure with the SEC. The firm owned 102,581 shares of the company’s stock after selling 1,381 shares during the period. Raymond James & Associates owned about 0.17% of iShares Global Tech ETF worth $8,466,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the stock. LPL Financial LLC raised its position in shares of iShares Global Tech ETF by 7.2% during the 2nd quarter. LPL Financial LLC now owns 853,034 shares of the company’s stock worth $70,648,000 after purchasing an additional 57,529 shares during the last quarter. Patten & Patten Inc. TN lifted its position in shares of iShares Global Tech ETF by 4.3% in the first quarter. Patten & Patten Inc. TN now owns 460,808 shares of the company’s stock valued at $34,473,000 after acquiring an additional 18,855 shares in the last quarter. Commonwealth Equity Services LLC boosted its stake in shares of iShares Global Tech ETF by 1.3% in the second quarter. Commonwealth Equity Services LLC now owns 326,448 shares of the company’s stock worth $27,036,000 after acquiring an additional 4,104 shares during the last quarter. Parallel Advisors LLC raised its stake in iShares Global Tech ETF by 1.1% in the 2nd quarter. Parallel Advisors LLC now owns 257,711 shares of the company’s stock valued at $21,344,000 after purchasing an additional 2,688 shares during the last quarter. Finally, Shira Ridge Wealth Management lifted its holdings in iShares Global Tech ETF by 1.3% in the 3rd quarter. Shira Ridge Wealth Management now owns 193,750 shares of the company’s stock valued at $15,990,000 after purchasing an additional 2,577 shares in the last quarter.

iShares Global Tech ETF Trading Up 1.2 %

IXN opened at $84.29 on Wednesday. iShares Global Tech ETF has a twelve month low of $57.05 and a twelve month high of $88.10. The firm has a market capitalization of $5.03 billion, a PE ratio of 34.17 and a beta of 1.37. The firm’s 50-day moving average price is $81.50 and its 200 day moving average price is $79.56.

iShares Global Tech ETF Profile

iShares Global Tech ETF (the Fund), formerly iShares S&P Global Technology Sector Index Fund, is an exchange-traded fund (ETF). The Fund seeks investment results that correspond generally to the price and yield performance of the S&P Global 1200 Information Technology Sector Index (the Index). The Index measures the performance of companies that Standard & Poor’s Financial Services LLC, a subsidiary of The McGraw-Hill Companies (S&P) deems to be part of the information technology sector of the economy.