Plan Group Financial LLC Lowers Position in iShares Global Tech ETF (NYSEARCA:IXN)

Plan Group Financial LLC decreased its position in shares of iShares Global Tech ETF (NYSEARCA:IXN) by 1.5% during the fourth quarter, Holdings Channel reports. The fund owned 12,510 shares of the company’s stock after selling 192 shares during the period. Plan Group Financial LLC’s holdings in iShares Global Tech ETF were worth $1,060,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in IXN. Park Avenue Securities LLC bought a new stake in shares of iShares Global Tech ETF during the fourth quarter valued at approximately $201,000. Townsquare Capital LLC boosted its holdings in shares of iShares Global Tech ETF by 16.1% during the 3rd quarter. Townsquare Capital LLC now owns 3,197 shares of the company’s stock valued at $264,000 after buying an additional 444 shares in the last quarter. Blue Trust Inc. boosted its holdings in shares of iShares Global Tech ETF by 4.0% during the 3rd quarter. Blue Trust Inc. now owns 4,000 shares of the company’s stock valued at $331,000 after buying an additional 155 shares in the last quarter. US Bancorp DE grew its position in shares of iShares Global Tech ETF by 6.3% in 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 increased its stake in shares of iShares Global Tech ETF by 9,022.6% in the 3rd quarter. International Assets Investment Management LLC now owns 358,428 shares of the company’s stock worth $29,581,000 after acquiring an additional 354,499 shares in the last quarter.

iShares Global Tech ETF Price Performance

Shares of NYSEARCA IXN opened at $88.40 on Wednesday. iShares Global Tech ETF has a 1 year low of $68.53 and a 1 year high of $88.52. The firm has a 50-day moving average of $85.57 and a 200 day moving average of $83.02. The stock has a market cap of $5.49 billion, a P/E ratio of 37.10 and a beta of 1.13.

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.