iShares Global Tech ETF (NYSEARCA:IXN) Shares Sold by Good Life Advisors LLC

Good Life Advisors LLC lowered its stake in shares of iShares Global Tech ETF (NYSEARCA:IXN) by 49.9% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 3,476 shares of the company’s stock after selling 3,456 shares during the quarter. Good Life Advisors LLC’s holdings in iShares Global Tech ETF were worth $295,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Park Avenue Securities LLC acquired a new stake in iShares Global Tech ETF during the fourth quarter worth approximately $201,000. Townsquare Capital LLC increased its holdings in shares of iShares Global Tech ETF by 16.1% in the 3rd quarter. Townsquare Capital LLC now owns 3,197 shares of the company’s stock valued at $264,000 after acquiring an additional 444 shares during the period. US Bancorp DE increased its holdings in shares of iShares Global Tech ETF by 6.3% in the 3rd quarter. US Bancorp DE now owns 17,401 shares of the company’s stock valued at $1,436,000 after acquiring an additional 1,025 shares during the period. International Assets Investment Management LLC increased its holdings in shares of iShares Global Tech ETF by 9,022.6% in the 3rd quarter. International Assets Investment Management LLC now owns 358,428 shares of the company’s stock valued at $29,581,000 after acquiring an additional 354,499 shares during the period. Finally, RPg Family Wealth Advisory LLC acquired a new position in shares of iShares Global Tech ETF in the 3rd quarter valued at $28,000.

iShares Global Tech ETF Price Performance

Shares of iShares Global Tech ETF stock opened at $86.12 on Friday. The firm’s fifty day simple moving average is $85.71 and its 200-day simple moving average is $83.18. The stock has a market capitalization of $5.35 billion, a price-to-earnings 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.

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.