Courier Capital LLC Reduces Holdings in iShares Global Tech ETF (NYSEARCA:IXN)

Courier Capital LLC lowered its position in shares of iShares Global Tech ETF (NYSEARCA:IXN) by 1.7% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 52,637 shares of the company’s stock after selling 900 shares during the period. Courier Capital LLC owned approximately 0.09% of iShares Global Tech ETF worth $4,344,000 as of its most recent SEC filing.

Other hedge funds also recently made changes to their positions in the company. Rothschild Investment LLC purchased a new stake in shares of iShares Global Tech ETF during the second quarter valued at approximately $26,000. ORG Partners LLC bought a new stake in shares of iShares Global Tech ETF in the second quarter worth $60,000. Family Firm Inc. bought a new stake in shares of iShares Global Tech ETF in the second quarter worth $95,000. Financial Perspectives Inc increased its stake in shares of iShares Global Tech ETF by 38.5% in the first quarter. Financial Perspectives Inc now owns 1,856 shares of the company’s stock worth $139,000 after buying an additional 516 shares during the last quarter. Finally, Concourse Financial Group Securities Inc. increased its stake in shares of iShares Global Tech ETF by 14.0% in the second quarter. Concourse Financial Group Securities Inc. now owns 1,692 shares of the company’s stock worth $140,000 after buying an additional 208 shares during the last quarter.

iShares Global Tech ETF Price Performance

Shares of NYSEARCA:IXN traded down $0.94 during midday trading on Wednesday, reaching $83.06. The company had a trading volume of 91,404 shares, compared to its average volume of 270,134. The stock’s fifty day moving average price is $81.33 and its 200-day moving average price is $79.24. The stock has a market capitalization of $4.95 billion, a P/E ratio of 34.17 and a beta of 1.37. iShares Global Tech ETF has a one year low of $56.30 and a one year high of $88.10.

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.