Montis Financial LLC Reduces Holdings in iShares Global Tech ETF $IXN

Montis Financial LLC trimmed its position in shares of iShares Global Tech ETF (NYSEARCA:IXN) by 31.9% in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 13,347 shares of the company’s stock after selling 6,258 shares during the quarter. Montis Financial LLC’s holdings in iShares Global Tech ETF were worth $1,401,000 as of its most recent filing with the SEC.

Other large investors have also recently made changes to their positions in the company. LPL Financial LLC lifted its stake in iShares Global Tech ETF by 4.8% in the 4th quarter. LPL Financial LLC now owns 954,811 shares of the company’s stock worth $100,255,000 after purchasing an additional 43,586 shares in the last quarter. O Shaughnessy Asset Management LLC lifted its stake in iShares Global Tech ETF by 10.6% in the 4th quarter. O Shaughnessy Asset Management LLC now owns 5,383 shares of the company’s stock worth $565,000 after purchasing an additional 518 shares in the last quarter. Pinebridge Investments LLC purchased a new position in iShares Global Tech ETF in the 4th quarter worth approximately $1,900,000. Parallel Advisors LLC lifted its stake in iShares Global Tech ETF by 1.4% in the 4th quarter. Parallel Advisors LLC now owns 286,164 shares of the company’s stock worth $30,047,000 after purchasing an additional 3,990 shares in the last quarter. Finally, J.W. Cole Advisors Inc. lifted its stake in iShares Global Tech ETF by 9.6% in the 4th quarter. J.W. Cole Advisors Inc. now owns 10,031 shares of the company’s stock worth $1,053,000 after purchasing an additional 881 shares in the last quarter.

iShares Global Tech ETF Price Performance

IXN opened at $138.60 on Tuesday. The company’s 50 day simple moving average is $123.45 and its two-hundred day simple moving average is $111.86. iShares Global Tech ETF has a 1-year low of $86.50 and a 1-year high of $149.83. The firm has a market capitalization of $9.02 billion, a price-to-earnings ratio of 34.73 and a beta of 1.36.

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.