Rollins Financial Advisors LLC Sells 10,458 Shares of iShares Global Tech ETF $IXN

Rollins Financial Advisors LLC decreased its position in shares of iShares Global Tech ETF (NYSEARCA:IXN) by 10.6% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 88,090 shares of the company’s stock after selling 10,458 shares during the period. iShares Global Tech ETF accounts for 1.3% of Rollins Financial Advisors LLC’s investment portfolio, making the stock its 16th biggest holding. Rollins Financial Advisors LLC’s holdings in iShares Global Tech ETF were worth $8,134,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of the company. Raleigh Capital Management Inc. increased its stake 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 worth $26,000 after purchasing an additional 173 shares during the period. SOA Wealth Advisors LLC. acquired a new stake in iShares Global Tech ETF in the 2nd quarter valued at approximately $30,000. Harbor Asset Planning Inc. acquired a new stake in iShares Global Tech ETF in the 2nd quarter valued at approximately $40,000. Richards Merrill & Peterson Inc. bought a new position in iShares Global Tech ETF in the 1st quarter worth approximately $34,000. Finally, Flaharty Asset Management LLC bought a new position in iShares Global Tech ETF in the 1st quarter worth approximately $47,000.

iShares Global Tech ETF Stock Down 0.4%

Shares of IXN stock opened at $105.36 on Friday. iShares Global Tech ETF has a 12 month low of $63.58 and a 12 month high of $112.78. The firm has a market cap of $6.45 billion, a PE ratio of 34.73 and a beta of 1.24. The stock has a 50 day moving average of $103.36 and a 200-day moving average of $94.27.

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.