Lunt Capital Management Inc. Sells 270 Shares of iShares Global Tech ETF $IXN

Lunt Capital Management Inc. decreased its position in iShares Global Tech ETF (NYSEARCA:IXN) by 3.3% in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 8,006 shares of the company’s stock after selling 270 shares during the period. Lunt Capital Management Inc.’s holdings in iShares Global Tech ETF were worth $739,000 as of its most recent filing with the SEC.

Other hedge funds have also recently modified their holdings of the company. Raleigh Capital Management Inc. grew its holdings in shares of iShares Global Tech ETF by 160.2% in the second quarter. Raleigh Capital Management Inc. now owns 281 shares of the company’s stock valued at $26,000 after acquiring an additional 173 shares in the last quarter. SOA Wealth Advisors LLC. bought a new position in iShares Global Tech ETF in the 2nd quarter valued at $30,000. Richards Merrill & Peterson Inc. purchased a new stake in shares of iShares Global Tech ETF during the 1st quarter valued at $34,000. Tradewinds Capital Management LLC bought a new stake in shares of iShares Global Tech ETF during the 1st quarter worth $36,000. Finally, Flaharty Asset Management LLC purchased a new position in shares of iShares Global Tech ETF in the 1st quarter worth about $47,000.

iShares Global Tech ETF Stock Performance

IXN opened at $103.17 on Wednesday. iShares Global Tech ETF has a fifty-two week low of $63.58 and a fifty-two week high of $106.70. The firm has a 50-day moving average of $99.37 and a 200 day moving average of $89.61. The firm has a market cap of $6.30 billion, a P/E ratio of 34.73 and a beta of 1.15.

iShares Global Tech ETF Company 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.