Avidian Wealth Enterprises LLC Lowers Position in iShares Global Tech ETF (NYSEARCA:IXN)

Avidian Wealth Enterprises LLC cut its stake in iShares Global Tech ETF (NYSEARCA:IXN) by 1.1% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 13,432 shares of the company’s stock after selling 147 shares during the quarter. Avidian Wealth Enterprises LLC’s holdings in iShares Global Tech ETF were worth $1,138,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently modified their holdings of IXN. RPg Family Wealth Advisory LLC purchased a new stake in shares of iShares Global Tech ETF during the third quarter valued at approximately $28,000. Hager Investment Management Services LLC purchased a new stake in shares of iShares Global Tech ETF during the fourth quarter valued at approximately $33,000. Realta Investment Advisors purchased a new stake in shares of iShares Global Tech ETF during the fourth quarter valued at approximately $52,000. Highline Wealth Partners LLC purchased a new stake in shares of iShares Global Tech ETF during the third quarter valued at approximately $61,000. Finally, Goodman Advisory Group LLC purchased a new stake in shares of iShares Global Tech ETF during the third quarter valued at approximately $70,000.

iShares Global Tech ETF Trading Down 0.0 %

Shares of IXN opened at $86.06 on Thursday. The company has a market capitalization of $5.13 billion, a price-to-earnings ratio of 34.17 and a beta of 1.37. The stock has a 50 day moving average of $85.50 and a 200 day moving average of $82.78. iShares Global Tech ETF has a 12 month low of $68.53 and a 12 month high of $88.40.

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.