Steward Partners Investment Advisory LLC Decreases Position in iShares Global Tech ETF (NYSEARCA:IXN)

Steward Partners Investment Advisory LLC trimmed its position in shares of iShares Global Tech ETF (NYSEARCA:IXN) by 2.0% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 8,585 shares of the company’s stock after selling 176 shares during the quarter. Steward Partners Investment Advisory LLC’s holdings in iShares Global Tech ETF were worth $728,000 at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of IXN. Jane Street Group LLC boosted its position in iShares Global Tech ETF by 269.8% during the third quarter. Jane Street Group LLC now owns 209,970 shares of the company’s stock worth $17,329,000 after purchasing an additional 153,183 shares in the last quarter. Flow Traders U.S. LLC purchased a new stake in shares of iShares Global Tech ETF in the third quarter valued at $2,803,000. Jones Financial Companies Lllp lifted its position in shares of iShares Global Tech ETF by 38.1% in the fourth quarter. Jones Financial Companies Lllp now owns 70,205 shares of the company’s stock valued at $5,950,000 after acquiring an additional 19,372 shares in the last quarter. Shum Financial Group Inc. purchased a new stake in shares of iShares Global Tech ETF in the third quarter valued at $1,569,000. Finally, Meridian Wealth Management LLC purchased a new stake in shares of iShares Global Tech ETF in the third quarter valued at $1,321,000.

iShares Global Tech ETF Stock Down 0.1 %

Shares of NYSEARCA:IXN opened at $76.59 on Wednesday. iShares Global Tech ETF has a 52-week low of $68.53 and a 52-week high of $88.62. The stock’s fifty day simple moving average is $84.39 and its 200-day simple moving average is $83.47. The company has a market capitalization of $4.52 billion, a P/E ratio of 32.89 and a beta of 1.15.

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.