iShares Global Tech ETF (NYSEARCA:IXN) Shares Sold by JPMorgan Chase & Co.

JPMorgan Chase & Co. cut its stake in shares of iShares Global Tech ETF (NYSEARCA:IXN) by 6.1% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 2,615,247 shares of the company’s stock after selling 169,353 shares during the period. JPMorgan Chase & Co.’s holdings in iShares Global Tech ETF were worth $221,642,000 as of its most recent SEC filing.

A number of other large investors have also recently made changes to their positions in IXN. Blue Trust Inc. raised its stake in iShares Global Tech ETF by 3.3% in the fourth quarter. Blue Trust Inc. now owns 4,130 shares of the company’s stock valued at $341,000 after buying an additional 130 shares in the last quarter. Keystone Wealth Services LLC increased its stake in iShares Global Tech ETF by 1.2% in the fourth quarter. Keystone Wealth Services LLC now owns 11,080 shares of the company’s stock valued at $939,000 after purchasing an additional 132 shares during the period. PFG Advisors grew its holdings in shares of iShares Global Tech ETF by 2.9% during the fourth quarter. PFG Advisors now owns 5,241 shares of the company’s stock worth $444,000 after buying an additional 147 shares during the last quarter. Key Client Fiduciary Advisors LLC increased its position in iShares Global Tech ETF by 5.1% in the 4th quarter. Key Client Fiduciary Advisors LLC now owns 3,140 shares of the company’s stock valued at $266,000 after acquiring an additional 152 shares during the period. Finally, Flagship Private Wealth LLC raised its stake in iShares Global Tech ETF by 0.3% during the 4th quarter. Flagship Private Wealth LLC now owns 50,739 shares of the company’s stock valued at $4,300,000 after acquiring an additional 163 shares during the last quarter.

iShares Global Tech ETF Trading Up 0.0 %

iShares Global Tech ETF stock opened at $75.74 on Tuesday. The stock has a 50 day moving average of $82.44 and a two-hundred day moving average of $83.35. iShares Global Tech ETF has a twelve month low of $68.53 and a twelve month high of $88.62. The stock has a market capitalization of $4.62 billion, a price-to-earnings ratio of 32.70 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.