Janney Montgomery Scott LLC Trims Position in iShares Global Tech ETF (NYSEARCA:IXN)

Janney Montgomery Scott LLC cut its holdings in shares of iShares Global Tech ETF (NYSEARCA:IXN) by 1.5% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 36,137 shares of the company’s stock after selling 535 shares during the quarter. Janney Montgomery Scott LLC owned about 0.06% of iShares Global Tech ETF worth $3,063,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also made changes to their positions in the company. International Assets Investment Management LLC increased its stake in iShares Global Tech ETF by 9,022.6% during the 3rd quarter. International Assets Investment Management LLC now owns 358,428 shares of the company’s stock worth $29,581,000 after buying an additional 354,499 shares during the period. Jane Street Group LLC raised its stake in iShares Global Tech ETF by 269.8% during the 3rd quarter. Jane Street Group LLC now owns 209,970 shares of the company’s stock worth $17,329,000 after acquiring an additional 153,183 shares in the last quarter. Flow Traders U.S. LLC acquired a new stake in shares of iShares Global Tech ETF in the 3rd quarter valued at about $2,803,000. Shum Financial Group Inc. acquired a new stake in shares of iShares Global Tech ETF in the third quarter valued at approximately $1,569,000. Finally, Private Advisor Group LLC grew its position in iShares Global Tech ETF by 47.9% during the 3rd quarter. Private Advisor Group LLC now owns 58,800 shares of the company’s stock worth $4,853,000 after purchasing an additional 19,050 shares during the last quarter.

iShares Global Tech ETF Stock Down 0.8 %

IXN opened at $83.64 on Friday. iShares Global Tech ETF has a 52 week low of $68.53 and a 52 week high of $88.40. The business has a 50 day moving average price of $85.39 and a two-hundred day moving average price of $82.64. The company has a market cap of $4.99 billion, a PE ratio of 34.17 and a beta of 1.37.

iShares Global Tech ETF Company 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.