Sunflower Bank N.A. trimmed its holdings in shares of iShares Global Tech ETF (NYSEARCA:IXN – Free Report) by 61.5% during the fourth quarter, HoldingsChannel reports. The fund owned 3,425 shares of the company’s stock after selling 5,470 shares during the quarter. Sunflower Bank N.A.’s holdings in iShares Global Tech ETF were worth $290,000 at the end of the most recent quarter.
A number of other institutional investors have also recently added to or reduced their stakes in IXN. PPS&V Asset Management Consultants Inc. bought a new position in iShares Global Tech ETF during the 4th quarter worth approximately $203,000. Wealth Enhancement Advisory Services LLC lifted its stake in iShares Global Tech ETF by 0.5% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 62,792 shares of the company’s stock valued at $5,182,000 after buying an additional 330 shares during the period. SK Wealth Management LLC acquired a new stake in shares of iShares Global Tech ETF during the 3rd quarter worth approximately $215,000. Wilmington Savings Fund Society FSB bought a new position in iShares Global Tech ETF during the third quarter worth $302,000. Finally, Sanctuary Advisors LLC increased its stake in iShares Global Tech ETF by 90.2% in the third quarter. Sanctuary Advisors LLC now owns 17,991 shares of the company’s stock valued at $1,500,000 after purchasing an additional 8,534 shares in the last quarter.
iShares Global Tech ETF Price Performance
Shares of IXN traded down $0.96 during trading hours on Monday, hitting $82.91. The stock had a trading volume of 287,750 shares, compared to its average volume of 473,393. The firm has a 50 day simple moving average of $84.89 and a 200-day simple moving average of $82.63. iShares Global Tech ETF has a 1-year low of $66.65 and a 1-year high of $88.40. The firm has a market capitalization of $4.95 billion, a P/E ratio of 34.17 and a beta of 1.37.
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.
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