Johnson Investment Counsel Inc. Sells 817 Shares of iShares Global Tech ETF (NYSEARCA:IXN)

Johnson Investment Counsel Inc. reduced its stake in iShares Global Tech ETF (NYSEARCA:IXN) by 0.7% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 109,014 shares of the company’s stock after selling 817 shares during the period. Johnson Investment Counsel Inc. owned 0.18% of iShares Global Tech ETF worth $9,239,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Synergy Investment Management LLC bought a new position in shares of iShares Global Tech ETF during the fourth quarter valued at approximately $25,000. RPg Family Wealth Advisory LLC bought a new position in shares of iShares Global Tech ETF during the third quarter valued at approximately $28,000. Hager Investment Management Services LLC bought a new position in shares of iShares Global Tech ETF during the fourth quarter valued at approximately $33,000. Halbert Hargrove Global Advisors LLC bought a new position in shares of iShares Global Tech ETF during the fourth quarter valued at approximately $44,000. Finally, Realta Investment Advisors bought a new position in shares of iShares Global Tech ETF during the fourth quarter valued at approximately $52,000.

iShares Global Tech ETF Stock Performance

Shares of NYSEARCA IXN opened at $76.63 on Tuesday. iShares Global Tech ETF has a fifty-two week low of $68.53 and a fifty-two week high of $88.62. The company has a 50 day simple moving average of $84.55 and a two-hundred day simple moving average of $83.51. The company has a market capitalization of $4.53 billion, a price-to-earnings ratio of 32.89 and a beta of 1.15.

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.