iShares Global Tech ETF (NYSEARCA:IXN) Shares Sold by Intelligence Driven Advisers LLC

Intelligence Driven Advisers LLC reduced its position in shares of iShares Global Tech ETF (NYSEARCA:IXN) by 63.0% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 3,528 shares of the company’s stock after selling 6,014 shares during the period. Intelligence Driven Advisers LLC’s holdings in iShares Global Tech ETF were worth $299,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the business. Park Avenue Securities LLC acquired a new position in shares of iShares Global Tech ETF in the 4th quarter worth $201,000. Townsquare Capital LLC boosted its position in shares of iShares Global Tech ETF by 16.1% in the 3rd quarter. Townsquare Capital LLC now owns 3,197 shares of the company’s stock valued at $264,000 after purchasing an additional 444 shares during the period. Blue Trust Inc. increased its stake in iShares Global Tech ETF by 4.0% in the 3rd quarter. Blue Trust Inc. now owns 4,000 shares of the company’s stock worth $331,000 after purchasing an additional 155 shares in the last quarter. US Bancorp DE raised its holdings in iShares Global Tech ETF by 6.3% during the 3rd quarter. US Bancorp DE now owns 17,401 shares of the company’s stock worth $1,436,000 after buying an additional 1,025 shares during the period. Finally, International Assets Investment Management LLC lifted its stake in iShares Global Tech ETF by 9,022.6% during the third quarter. International Assets Investment Management LLC now owns 358,428 shares of the company’s stock valued at $29,581,000 after buying an additional 354,499 shares in the last quarter.

iShares Global Tech ETF Price Performance

Shares of IXN opened at $86.06 on Thursday. The company has a 50-day moving average of $85.50 and a two-hundred day moving average of $82.80. The stock has a market cap of $5.13 billion, a price-to-earnings ratio of 34.17 and a beta of 1.37. iShares Global Tech ETF has a one year low of $68.53 and a one year 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.