Long Run Wealth Advisors LLC Sells 4,069 Shares of iShares Global Tech ETF (NYSEARCA:IXN)

Long Run Wealth Advisors LLC decreased its position in iShares Global Tech ETF (NYSEARCA:IXN) by 6.7% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 56,952 shares of the company’s stock after selling 4,069 shares during the quarter. iShares Global Tech ETF makes up 1.2% of Long Run Wealth Advisors LLC’s portfolio, making the stock its 23rd biggest position. Long Run Wealth Advisors LLC’s holdings in iShares Global Tech ETF were worth $4,827,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Patten & Patten Inc. TN increased its holdings in iShares Global Tech ETF by 1.3% in the 3rd quarter. Patten & Patten Inc. TN now owns 465,504 shares of the company’s stock worth $38,418,000 after buying an additional 5,808 shares in the last quarter. International Assets Investment Management LLC boosted its position in iShares Global Tech ETF by 9,022.6% in the third quarter. International Assets Investment Management LLC now owns 358,428 shares of the company’s stock worth $29,581,000 after purchasing an additional 354,499 shares during the last quarter. Jane Street Group LLC boosted its position in iShares Global Tech ETF by 269.8% in the third quarter. Jane Street Group LLC now owns 209,970 shares of the company’s stock worth $17,329,000 after purchasing an additional 153,183 shares during the last quarter. Shira Ridge Wealth Management boosted its position in iShares Global Tech ETF by 1.0% in the fourth quarter. Shira Ridge Wealth Management now owns 195,624 shares of the company’s stock worth $16,579,000 after purchasing an additional 1,874 shares during the last quarter. Finally, Thrivent Financial for Lutherans boosted its position in iShares Global Tech ETF by 4.1% in the third quarter. Thrivent Financial for Lutherans now owns 162,232 shares of the company’s stock worth $13,389,000 after purchasing an additional 6,423 shares during the last quarter.

iShares Global Tech ETF Stock Performance

Shares of NYSEARCA:IXN opened at $84.89 on Thursday. The stock has a market capitalization of $5.06 billion, a price-to-earnings ratio of 34.17 and a beta of 1.37. The stock’s 50-day simple moving average is $85.36 and its two-hundred day simple moving average is $82.61. iShares Global Tech ETF has a 52-week low of $68.53 and a 52-week high of $88.40.

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.