Long Run Wealth Advisors LLC Trims Stake in iShares Global Tech ETF $IXN

Long Run Wealth Advisors LLC lessened its position in iShares Global Tech ETF (NYSEARCA:IXN) by 23.2% in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 32,463 shares of the company’s stock after selling 9,786 shares during the quarter. Long Run Wealth Advisors LLC owned approximately 0.05% of iShares Global Tech ETF worth $3,351,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also added to or reduced their stakes in the company. Raleigh Capital Management Inc. grew its position in shares of iShares Global Tech ETF by 160.2% in the 2nd quarter. Raleigh Capital Management Inc. now owns 281 shares of the company’s stock worth $26,000 after buying an additional 173 shares during the period. SOA Wealth Advisors LLC. purchased a new stake in iShares Global Tech ETF in the second quarter worth about $30,000. Harbor Asset Planning Inc. purchased a new position in shares of iShares Global Tech ETF during the second quarter valued at approximately $40,000. Flaharty Asset Management LLC bought a new stake in shares of iShares Global Tech ETF in the 1st quarter worth approximately $47,000. Finally, 1 North Wealth Services LLC purchased a new stake in shares of iShares Global Tech ETF in the 1st quarter worth approximately $80,000.

iShares Global Tech ETF Stock Up 1.7%

IXN stock opened at $102.27 on Friday. The business has a 50 day moving average of $105.60 and a 200 day moving average of $98.89. The firm has a market cap of $6.26 billion, a PE ratio of 34.73 and a beta of 1.24. iShares Global Tech ETF has a twelve month low of $63.58 and a twelve month high of $112.78.

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.