Eq LLC Sells 738 Shares of iShares Global Tech ETF (NYSEARCA:IXN)

Eq LLC reduced its holdings in shares of iShares Global Tech ETF (NYSEARCA:IXN) by 2.1% in the fourth quarter, HoldingsChannel.com reports. The fund owned 34,291 shares of the company’s stock after selling 738 shares during the quarter. iShares Global Tech ETF accounts for 1.4% of Eq LLC’s holdings, making the stock its 21st biggest position. Eq LLC’s holdings in iShares Global Tech ETF were worth $2,906,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also recently made changes to their positions in the company. Patten & Patten Inc. TN boosted its position in shares of iShares Global Tech ETF by 1.3% during the 3rd quarter. Patten & Patten Inc. TN now owns 465,504 shares of the company’s stock valued at $38,418,000 after purchasing an additional 5,808 shares in the last quarter. International Assets Investment Management LLC boosted its holdings in shares of iShares Global Tech ETF by 9,022.6% during the 3rd quarter. International Assets Investment Management LLC now owns 358,428 shares of the company’s stock worth $29,581,000 after buying an additional 354,499 shares in the last quarter. Jane Street Group LLC boosted its holdings in shares of iShares Global Tech ETF by 269.8% during the 3rd quarter. Jane Street Group LLC now owns 209,970 shares of the company’s stock worth $17,329,000 after buying an additional 153,183 shares in the last quarter. Shira Ridge Wealth Management grew its position in shares of iShares Global Tech ETF by 1.0% during the 4th quarter. Shira Ridge Wealth Management now owns 195,624 shares of the company’s stock worth $16,579,000 after buying an additional 1,874 shares during the period. Finally, Thrivent Financial for Lutherans grew its position in shares of iShares Global Tech ETF by 4.1% during the 3rd quarter. Thrivent Financial for Lutherans now owns 162,232 shares of the company’s stock worth $13,389,000 after buying an additional 6,423 shares during the period.

iShares Global Tech ETF Stock Down 1.1 %

Shares of NYSEARCA IXN opened at $83.95 on Wednesday. The firm has a market cap of $5.21 billion, a PE ratio of 37.10 and a beta of 1.13. iShares Global Tech ETF has a 12-month low of $68.53 and a 12-month high of $88.62. The company’s fifty day simple moving average is $85.57 and its 200 day simple moving average is $83.53.

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.