Robertson Stephens Wealth Management LLC Has $2 Million 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 11.3% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 23,555 shares of the company’s stock after selling 2,987 shares during the period. Robertson Stephens Wealth Management LLC’s holdings in iShares Global Tech ETF were worth $1,996,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds also recently modified their holdings of the business. RPg Family Wealth Advisory LLC bought a new stake in iShares Global Tech ETF in the third quarter valued at about $28,000. Hager Investment Management Services LLC acquired a new position in shares of iShares Global Tech ETF during the 4th quarter worth about $33,000. Highline Wealth Partners LLC bought a new stake in shares of iShares Global Tech ETF in the 3rd quarter valued at about $61,000. Goodman Advisory Group LLC acquired a new stake in shares of iShares Global Tech ETF in the 3rd quarter valued at approximately $70,000. Finally, Morse Asset Management Inc bought a new position in iShares Global Tech ETF during the 3rd quarter worth approximately $83,000.

iShares Global Tech ETF Stock Performance

Shares of NYSEARCA IXN opened at $85.33 on Friday. iShares Global Tech ETF has a 52-week low of $68.53 and a 52-week high of $88.40. The stock has a market cap of $5.09 billion, a P/E ratio of 34.17 and a beta of 1.37. The firm has a 50 day moving average price of $85.40 and a 200 day moving average price of $82.62.

About iShares Global Tech ETF

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.