iShares Global Tech ETF (NYSEARCA:IXN) Position Trimmed by BCGM Wealth Management LLC

BCGM Wealth Management LLC lowered its stake in iShares Global Tech ETF (NYSEARCA:IXN) by 8.8% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 2,986 shares of the company’s stock after selling 287 shares during the period. BCGM Wealth Management LLC’s holdings in iShares Global Tech ETF were worth $246,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. CreativeOne Wealth LLC purchased a new stake in shares of iShares Global Tech ETF during the first quarter valued at $737,000. Mount Yale Investment Advisors LLC raised its holdings in iShares Global Tech ETF by 1.4% during the 1st quarter. Mount Yale Investment Advisors LLC now owns 18,897 shares of the company’s stock worth $1,414,000 after buying an additional 252 shares during the period. B. Riley Wealth Advisors Inc. lifted its stake in iShares Global Tech ETF by 7.2% during the first quarter. B. Riley Wealth Advisors Inc. now owns 25,916 shares of the company’s stock valued at $1,939,000 after buying an additional 1,739 shares in the last quarter. Jane Street Group LLC acquired a new position in shares of iShares Global Tech ETF in the first quarter worth about $10,234,000. Finally, Continuum Wealth Advisors LLC increased its position in shares of iShares Global Tech ETF by 15.6% in the first quarter. Continuum Wealth Advisors LLC now owns 6,657 shares of the company’s stock worth $498,000 after acquiring an additional 897 shares in the last quarter.

iShares Global Tech ETF Price Performance

IXN stock opened at $81.84 on Friday. The firm has a market capitalization of $4.88 billion, a P/E ratio of 34.17 and a beta of 1.37. iShares Global Tech ETF has a 52-week low of $64.31 and a 52-week high of $88.10. The company’s 50 day simple moving average is $82.21 and its 200-day simple moving average is $80.59.

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.