Janney Montgomery Scott LLC Decreases Stake in iShares Global Tech ETF (NYSEARCA:IXN)

Janney Montgomery Scott LLC lowered its position in iShares Global Tech ETF (NYSEARCA:IXN) by 1.9% during the third quarter, according to its most recent filing with the SEC. The institutional investor owned 36,672 shares of the company’s stock after selling 708 shares during the period. Janney Montgomery Scott LLC owned 0.06% of iShares Global Tech ETF worth $3,027,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. LPL Financial LLC lifted its holdings in iShares Global Tech ETF by 7.2% in the 2nd quarter. LPL Financial LLC now owns 853,034 shares of the company’s stock valued at $70,648,000 after purchasing an additional 57,529 shares in the last quarter. Patten & Patten Inc. TN raised its holdings in shares of iShares Global Tech ETF by 4.3% during the 1st quarter. Patten & Patten Inc. TN now owns 460,808 shares of the company’s stock worth $34,473,000 after acquiring an additional 18,855 shares during the period. International Assets Investment Management LLC raised its holdings in shares of 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 acquiring an additional 354,499 shares during the period. Commonwealth Equity Services LLC raised its holdings in shares of iShares Global Tech ETF by 1.3% during the 2nd 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 period. Finally, Parallel Advisors LLC raised its holdings in shares of iShares Global Tech ETF by 1.1% during the 2nd quarter. Parallel Advisors LLC now owns 257,711 shares of the company’s stock worth $21,344,000 after acquiring an additional 2,688 shares during the period.

iShares Global Tech ETF Stock Down 0.8 %

NYSEARCA IXN opened at $83.99 on Tuesday. iShares Global Tech ETF has a 52 week low of $62.66 and a 52 week high of $88.10. The business’s fifty day simple moving average is $81.64 and its 200-day simple moving average is $80.23. The firm has a market cap of $5.01 billion, a PE ratio of 34.17 and a beta of 1.37.

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.