PFS Partners LLC Cuts Stake in iShares Global Tech ETF (NYSEARCA:IXN)

PFS Partners LLC lessened its holdings in shares of iShares Global Tech ETF (NYSEARCA:IXN) by 20.6% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 537 shares of the company’s stock after selling 139 shares during the period. PFS Partners LLC’s holdings in iShares Global Tech ETF were worth $46,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. Marshall Wace LLP grew its stake in iShares Global Tech ETF by 26.9% during the 2nd quarter. Marshall Wace LLP now owns 15,664 shares of the company’s stock valued at $1,297,000 after purchasing an additional 3,317 shares during the last quarter. Truist Financial Corp boosted its position in iShares Global Tech ETF by 17.9% in the second quarter. Truist Financial Corp now owns 32,766 shares of the company’s stock valued at $2,714,000 after buying an additional 4,963 shares during the last quarter. Sanctuary Advisors LLC acquired a new position in iShares Global Tech ETF in the 2nd quarter worth approximately $783,000. Sterling Group Wealth Management LLC raised its position in iShares Global Tech ETF by 3.9% during the 3rd quarter. Sterling Group Wealth Management LLC now owns 106,740 shares of the company’s stock worth $8,809,000 after buying an additional 3,974 shares during the last quarter. Finally, Brookstone Capital Management raised its holdings in shares of iShares Global Tech ETF by 14.4% during the third quarter. Brookstone Capital Management now owns 5,606 shares of the company’s stock worth $463,000 after purchasing an additional 704 shares during the last quarter.

iShares Global Tech ETF Price Performance

NYSEARCA IXN opened at $82.30 on Tuesday. The company has a fifty day moving average of $85.39 and a 200 day moving average of $82.59. The company has a market capitalization of $4.91 billion, a PE ratio of 34.17 and a beta of 1.37. iShares Global Tech ETF has a 1 year low of $68.53 and a 1 year high of $88.40.

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.