Savant Capital LLC Lowers Stock Holdings in iShares Global Tech ETF (NYSEARCA:IXN)

Savant Capital LLC lessened its position in iShares Global Tech ETF (NYSEARCA:IXN) by 28.6% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 3,991 shares of the company’s stock after selling 1,601 shares during the quarter. Savant Capital LLC’s holdings in iShares Global Tech ETF were worth $338,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in the company. Newbridge Financial Services Group Inc. boosted its stake in shares of iShares Global Tech ETF by 15.1% in the fourth quarter. Newbridge Financial Services Group Inc. now owns 53,666 shares of the company’s stock worth $4,548,000 after acquiring an additional 7,026 shares during the last quarter. Advisors Preferred LLC acquired a new stake in shares of iShares Global Tech ETF in the fourth quarter worth approximately $105,000. Realta Investment Advisors acquired a new stake in shares of iShares Global Tech ETF in the fourth quarter worth approximately $52,000. Golden State Wealth Management LLC acquired a new stake in shares of iShares Global Tech ETF in the fourth quarter worth approximately $127,000. Finally, Money Concepts Capital Corp boosted its stake in iShares Global Tech ETF by 11.7% during the fourth quarter. Money Concepts Capital Corp now owns 30,330 shares of the company’s stock worth $2,570,000 after buying an additional 3,167 shares during the last quarter.

iShares Global Tech ETF Stock Performance

NYSEARCA IXN opened at $87.75 on Tuesday. The stock’s fifty day moving average is $85.54 and its two-hundred day moving average is $82.95. The firm has a market capitalization of $5.23 billion, a P/E ratio of 34.17 and a beta of 1.37. iShares Global Tech ETF has a fifty-two week low of $68.53 and a fifty-two week high of $88.40.

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.