Robertson Stephens Wealth Management LLC Lowers Stock Position in iShares Global Tech ETF (NYSEARCA:IXN)

Robertson Stephens Wealth Management LLC cut its holdings in shares of iShares Global Tech ETF (NYSEARCA:IXN) by 0.9% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 28,589 shares of the company’s stock after selling 253 shares during the period. Robertson Stephens Wealth Management LLC’s holdings in iShares Global Tech ETF were worth $1,949,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of the business. Howe & Rusling Inc. bought a new stake in iShares Global Tech ETF during the 4th quarter valued at $25,000. Planned Solutions Inc. bought a new stake in iShares Global Tech ETF during the fourth quarter valued at about $27,000. Capital Investment Counsel Inc purchased a new position in iShares Global Tech ETF in the third quarter valued at about $33,000. Sound Income Strategies LLC bought a new position in iShares Global Tech ETF in the fourth quarter worth about $45,000. Finally, Simplex Trading LLC raised its holdings in iShares Global Tech ETF by 11,000.0% in the third quarter. Simplex Trading LLC now owns 666 shares of the company’s stock worth $38,000 after purchasing an additional 660 shares in the last quarter.

iShares Global Tech ETF Trading Up 1.1 %

Shares of NYSEARCA:IXN traded up $0.75 during trading on Thursday, reaching $70.58. The stock had a trading volume of 123,510 shares, compared to its average volume of 330,356. The firm’s 50-day simple moving average is $73.39 and its 200 day simple moving average is $68.77. iShares Global Tech ETF has a one year low of $53.01 and a one year high of $76.25. The company has a market capitalization of $4.23 billion, a P/E ratio of 32.76 and a beta of 1.34.

iShares Global Tech ETF Company 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.