iShares Global Tech ETF (NYSEARCA:IXN) Shares Sold by Western Wealth Management LLC

Western Wealth Management LLC trimmed its holdings in iShares Global Tech ETF (NYSEARCA:IXN) by 1.5% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 33,573 shares of the company’s stock after selling 524 shares during the quarter. Western Wealth Management LLC owned 0.06% of iShares Global Tech ETF worth $2,289,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Etfidea LLC grew its position in iShares Global Tech ETF by 68.2% during the third quarter. Etfidea LLC now owns 9,764 shares of the company’s stock valued at $565,000 after buying an additional 3,959 shares during the period. Ignite Planners LLC increased its stake in shares of iShares Global Tech ETF by 30.0% in the 4th quarter. Ignite Planners LLC now owns 4,882 shares of the company’s stock valued at $324,000 after purchasing an additional 1,126 shares in the last quarter. Brookstone Capital Management raised its holdings in iShares Global Tech ETF by 21.6% in the 4th quarter. Brookstone Capital Management now owns 4,336 shares of the company’s stock worth $296,000 after purchasing an additional 769 shares during the period. Planned Solutions Inc. purchased a new position in iShares Global Tech ETF during the fourth quarter worth approximately $27,000. Finally, Sound Income Strategies LLC purchased a new position in iShares Global Tech ETF during the fourth quarter worth approximately $45,000.

iShares Global Tech ETF Stock Down 1.3 %

Shares of iShares Global Tech ETF stock traded down $0.95 on Friday, reaching $69.64. The company’s stock had a trading volume of 38,221 shares, compared to its average volume of 342,597. iShares Global Tech ETF has a 52-week low of $51.78 and a 52-week high of $76.25. The company has a market capitalization of $4.22 billion, a P/E ratio of 34.43 and a beta of 1.32. The stock has a 50-day moving average price of $73.68 and a 200-day moving average price of $67.98.

iShares Global Tech ETF Company 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.