Intelligence Driven Advisers LLC Lowers Position in iShares Global Tech ETF (NYSEARCA:IXN)

Intelligence Driven Advisers LLC trimmed its holdings in shares of iShares Global Tech ETF (NYSEARCA:IXN) by 2.4% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 10,192 shares of the company’s stock after selling 252 shares during the period. Intelligence Driven Advisers LLC’s holdings in iShares Global Tech ETF were worth $712,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in IXN. Global Retirement Partners LLC boosted its position in shares of iShares Global Tech ETF by 11.4% during the 4th quarter. Global Retirement Partners LLC now owns 1,879 shares of the company’s stock valued at $127,000 after acquiring an additional 192 shares during the last quarter. Venturi Wealth Management LLC grew its stake in iShares Global Tech ETF by 33.0% in the 3rd quarter. Venturi Wealth Management LLC now owns 782 shares of the company’s stock worth $45,000 after buying an additional 194 shares in the last quarter. MCIA Inc grew its stake in iShares Global Tech ETF by 5.8% in the 3rd quarter. MCIA Inc now owns 3,719 shares of the company’s stock worth $236,000 after buying an additional 204 shares in the last quarter. Money Concepts Capital Corp increased its holdings in shares of iShares Global Tech ETF by 1.2% in the 3rd quarter. Money Concepts Capital Corp now owns 18,712 shares of the company’s stock worth $1,083,000 after buying an additional 231 shares during the last quarter. Finally, Private Trust Co. NA raised its position in shares of iShares Global Tech ETF by 5.6% during the 4th quarter. Private Trust Co. NA now owns 5,400 shares of the company’s stock valued at $368,000 after buying an additional 286 shares in the last quarter.

iShares Global Tech ETF Stock Up 1.5 %

Shares of NYSEARCA IXN traded up $1.05 during mid-day trading on Thursday, reaching $70.88. 241,455 shares of the company were exchanged, compared to its average volume of 331,763. iShares Global Tech ETF has a 52 week low of $53.01 and a 52 week high of $76.25. The company’s 50 day moving average price is $73.39 and its 200 day moving average price is $68.77. The stock has a market capitalization of $4.25 billion, a PE 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.