iShares Global Tech ETF (NYSEARCA:IXN) Shares Sold by CFS Investment Advisory Services LLC

CFS Investment Advisory Services LLC cut its position in shares of iShares Global Tech ETF (NYSEARCA:IXN) by 3.6% during the 4th quarter, Holdings Channel reports. The firm owned 5,801 shares of the company’s stock after selling 219 shares during the period. CFS Investment Advisory Services LLC’s holdings in iShares Global Tech ETF were worth $492,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently modified their holdings of IXN. RPg Family Wealth Advisory LLC acquired a new stake in shares of iShares Global Tech ETF during the 3rd quarter valued at $28,000. Highline Wealth Partners LLC acquired a new position in shares of iShares Global Tech ETF in the 3rd quarter valued at $61,000. Goodman Advisory Group LLC purchased a new position in iShares Global Tech ETF in the 3rd quarter worth about $70,000. Morse Asset Management Inc purchased a new position in iShares Global Tech ETF in the 3rd quarter worth about $83,000. Finally, Sunbelt Securities Inc. raised its holdings in iShares Global Tech ETF by 53.0% during the 3rd quarter. Sunbelt Securities Inc. now owns 2,310 shares of the company’s stock worth $191,000 after buying an additional 800 shares during the period.

iShares Global Tech ETF Price Performance

Shares of IXN opened at $87.00 on Friday. iShares Global Tech ETF has a one year low of $68.53 and a one year high of $88.40. The stock has a market cap of $5.19 billion, a price-to-earnings ratio of 34.17 and a beta of 1.37. The company has a 50-day moving average of $85.31 and a two-hundred day moving average of $82.71.

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.