iShares Global Tech ETF (NYSEARCA:IXN) Shares Sold by Icon Wealth Advisors LLC

Icon Wealth Advisors LLC decreased its holdings in shares of iShares Global Tech ETF (NYSEARCA:IXN) by 94.3% in the 3rd quarter, Holdings Channel.com reports. The firm owned 1,194 shares of the company’s stock after selling 19,938 shares during the quarter. Icon Wealth Advisors LLC’s holdings in iShares Global Tech ETF were worth $99,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. B. Riley Wealth Advisors Inc. increased its stake in iShares Global Tech ETF by 7.2% in the first quarter. B. Riley Wealth Advisors Inc. now owns 25,916 shares of the company’s stock valued at $1,939,000 after purchasing an additional 1,739 shares during the period. Jane Street Group LLC purchased a new stake in shares of iShares Global Tech ETF during the first quarter worth approximately $10,234,000. Continuum Wealth Advisors LLC lifted its holdings in shares of iShares Global Tech ETF by 15.6% during the first quarter. Continuum Wealth Advisors LLC now owns 6,657 shares of the company’s stock worth $498,000 after purchasing an additional 897 shares during the period. Virtu Financial LLC grew its position in iShares Global Tech ETF by 97.0% in the 1st quarter. Virtu Financial LLC now owns 7,054 shares of the company’s stock valued at $528,000 after buying an additional 3,473 shares during the last quarter. Finally, Cetera Investment Advisers raised its position in iShares Global Tech ETF by 114.4% during the 1st quarter. Cetera Investment Advisers now owns 159,263 shares of the company’s stock worth $11,914,000 after buying an additional 84,984 shares during the last quarter.

iShares Global Tech ETF Stock Performance

IXN stock opened at $83.38 on Monday. iShares Global Tech ETF has a one year low of $64.31 and a one year high of $88.10. The company has a fifty day moving average of $82.61 and a 200-day moving average of $81.01. The stock has a market capitalization of $4.97 billion, a PE ratio of 34.17 and a beta of 1.37.

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.