Cetera Investment Advisers Sells 19,888 Shares of iShares Global Tech ETF (NYSEARCA:IXN)

Cetera Investment Advisers cut its stake in shares of iShares Global Tech ETF (NYSEARCA:IXN) by 12.5% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 139,375 shares of the company’s stock after selling 19,888 shares during the quarter. Cetera Investment Advisers owned approximately 0.23% of iShares Global Tech ETF worth $11,543,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also bought and sold shares of the stock. Rothschild Investment LLC purchased a new stake in iShares Global Tech ETF during the second quarter worth about $26,000. LifeSteps Financial Inc. purchased a new position in shares of iShares Global Tech ETF during the first quarter worth approximately $33,000. ORG Partners LLC purchased a new position in shares of iShares Global Tech ETF in the second quarter worth $60,000. Mather Group LLC. bought a new stake in iShares Global Tech ETF in the first quarter valued at $60,000. Finally, Family Firm Inc. bought a new stake in iShares Global Tech ETF in the second quarter valued at $95,000.

iShares Global Tech ETF Stock Up 0.9 %

Shares of NYSEARCA IXN opened at $81.98 on Friday. The firm’s 50-day moving average price is $79.68 and its 200-day moving average price is $78.50. The company has a market cap of $4.89 billion, a PE ratio of 34.17 and a beta of 1.37. iShares Global Tech ETF has a 52-week low of $56.30 and a 52-week high of $88.10.

About iShares Global Tech ETF

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.