iShares Global Tech ETF (NYSEARCA:IXN) Position Trimmed by Strategy Asset Managers LLC

Strategy Asset Managers LLC trimmed its stake in iShares Global Tech ETF (NYSEARCA:IXN) by 13.1% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 3,068 shares of the company’s stock after selling 462 shares during the quarter. Strategy Asset Managers LLC’s holdings in iShares Global Tech ETF were worth $260,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also made changes to their positions in IXN. Blue Trust Inc. increased its stake in iShares Global Tech ETF by 3.3% in the 4th quarter. Blue Trust Inc. now owns 4,130 shares of the company’s stock valued at $341,000 after buying an additional 130 shares during the period. Keystone Wealth Services LLC increased its stake in shares of iShares Global Tech ETF by 1.2% in the fourth quarter. Keystone Wealth Services LLC now owns 11,080 shares of the company’s stock worth $939,000 after acquiring an additional 132 shares during the last quarter. PFG Advisors raised its holdings in shares of iShares Global Tech ETF by 2.9% during the fourth quarter. PFG Advisors now owns 5,241 shares of the company’s stock worth $444,000 after acquiring an additional 147 shares in the last quarter. Key Client Fiduciary Advisors LLC boosted its position in iShares Global Tech ETF by 5.1% during the fourth quarter. Key Client Fiduciary Advisors LLC now owns 3,140 shares of the company’s stock valued at $266,000 after purchasing an additional 152 shares during the last quarter. Finally, Flagship Private Wealth LLC grew its stake in iShares Global Tech ETF by 0.3% in the fourth quarter. Flagship Private Wealth LLC now owns 50,739 shares of the company’s stock valued at $4,300,000 after purchasing an additional 163 shares in the last quarter.

iShares Global Tech ETF Price Performance

Shares of IXN stock opened at $75.73 on Friday. The firm has a market cap of $4.62 billion, a P/E ratio of 32.70 and a beta of 1.15. iShares Global Tech ETF has a fifty-two week low of $68.53 and a fifty-two week high of $88.62. The stock’s 50-day moving average is $82.63 and its two-hundred day moving average is $83.36.

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.