Stonebridge Financial Planning Group LLC Trims Stock Holdings in iShares Global Tech ETF (NYSEARCA:IXN)

Stonebridge Financial Planning Group LLC trimmed its holdings in iShares Global Tech ETF (NYSEARCA:IXN) by 4.1% during the fourth quarter, HoldingsChannel.com reports. The fund owned 10,610 shares of the company’s stock after selling 450 shares during the period. Stonebridge Financial Planning Group LLC’s holdings in iShares Global Tech ETF were worth $723,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also recently bought and sold shares of IXN. Choreo LLC raised its position in shares of iShares Global Tech ETF by 1.4% during the 4th quarter. Choreo LLC now owns 28,224 shares of the company’s stock worth $1,924,000 after purchasing an additional 390 shares during the last quarter. Valmark Advisers Inc. acquired a new stake in iShares Global Tech ETF during the fourth quarter worth about $228,000. Truist Financial Corp grew its stake in iShares Global Tech ETF by 39.0% during the fourth quarter. Truist Financial Corp now owns 11,736 shares of the company’s stock worth $800,000 after buying an additional 3,291 shares during the period. Simplex Trading LLC increased its holdings in iShares Global Tech ETF by 183.0% in the 4th quarter. Simplex Trading LLC now owns 1,885 shares of the company’s stock valued at $128,000 after purchasing an additional 1,219 shares in the last quarter. Finally, Atria Wealth Solutions Inc. raised its holdings in shares of iShares Global Tech ETF by 12.5% during the 4th quarter. Atria Wealth Solutions Inc. now owns 83,878 shares of the company’s stock valued at $5,719,000 after buying an additional 9,307 shares during the period.

iShares Global Tech ETF Trading Down 2.2 %

NYSEARCA:IXN traded down $1.57 on Tuesday, reaching $70.48. The stock had a trading volume of 83,356 shares, compared to its average volume of 335,848. iShares Global Tech ETF has a 12-month low of $53.01 and a 12-month high of $76.25. The company has a 50-day moving average of $73.42 and a 200 day moving average of $68.68. The stock has a market cap of $4.22 billion, a P/E ratio of 32.76 and a beta of 1.34.

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.