iShares Global Tech ETF (NYSEARCA:IXN) Shares Sold by Wilbanks Smith & Thomas Asset Management LLC

Wilbanks Smith & Thomas Asset Management LLC lowered its position in shares of iShares Global Tech ETF (NYSEARCA:IXN) by 8.9% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 37,695 shares of the company’s stock after selling 3,701 shares during the period. Wilbanks Smith & Thomas Asset Management LLC’s holdings in iShares Global Tech ETF were worth $2,570,000 at the end of the most recent reporting period.

Other hedge funds have also recently bought and sold shares of the company. Global Retirement Partners LLC grew its position in iShares Global Tech ETF by 11.4% in the fourth quarter. Global Retirement Partners LLC now owns 1,879 shares of the company’s stock worth $127,000 after buying an additional 192 shares during the last quarter. Venturi Wealth Management LLC increased 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 purchasing an additional 194 shares in the last quarter. MCIA Inc raised its holdings in iShares Global Tech ETF by 5.8% during the 3rd quarter. MCIA Inc now owns 3,719 shares of the company’s stock worth $236,000 after buying an additional 204 shares during the period. Money Concepts Capital Corp lifted its stake in iShares Global Tech ETF by 1.2% during the third quarter. Money Concepts Capital Corp now owns 18,712 shares of the company’s stock valued at $1,083,000 after buying an additional 231 shares in the last quarter. Finally, Private Trust Co. NA increased its position in shares of iShares Global Tech ETF by 5.6% in the fourth quarter. Private Trust Co. NA now owns 5,400 shares of the company’s stock worth $368,000 after acquiring an additional 286 shares in the last quarter.

iShares Global Tech ETF Trading Up 0.7 %

NYSEARCA:IXN traded up $0.49 during trading hours on Thursday, hitting $70.32. 117,117 shares of the stock traded hands, compared to its average volume of 330,245. The firm has a market cap of $4.21 billion, a price-to-earnings ratio of 32.76 and a beta of 1.34. The firm has a 50 day moving average price of $73.39 and a 200 day moving average price of $68.77. iShares Global Tech ETF has a fifty-two week low of $53.01 and a fifty-two week high of $76.25.

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.