Cardinal Strategic Wealth Guidance Sells 756 Shares of iShares Global Tech ETF (NYSEARCA:IXN)

Cardinal Strategic Wealth Guidance trimmed its position in iShares Global Tech ETF (NYSEARCA:IXN) by 0.9% in the fourth quarter, HoldingsChannel.com reports. The firm owned 78,862 shares of the company’s stock after selling 756 shares during the quarter. iShares Global Tech ETF comprises approximately 2.1% of Cardinal Strategic Wealth Guidance’s investment portfolio, making the stock its 8th biggest holding. Cardinal Strategic Wealth Guidance’s holdings in iShares Global Tech ETF were worth $6,684,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in IXN. RPg Family Wealth Advisory LLC acquired a new stake in iShares Global Tech ETF during the third quarter valued at approximately $28,000. Hager Investment Management Services LLC bought a new position in shares of iShares Global Tech ETF in the fourth quarter valued at $33,000. Realta Investment Advisors acquired a new stake in shares of iShares Global Tech ETF during the 4th quarter valued at $52,000. Highline Wealth Partners LLC bought a new stake in shares of iShares Global Tech ETF during the 3rd quarter worth $61,000. Finally, Goodman Advisory Group LLC acquired a new position in shares of iShares Global Tech ETF in the 3rd quarter worth $70,000.

iShares Global Tech ETF Stock Up 1.6 %

Shares of iShares Global Tech ETF stock opened at $85.87 on Tuesday. iShares Global Tech ETF has a 12-month low of $68.53 and a 12-month high of $88.40. The firm has a market capitalization of $5.12 billion, a PE ratio of 34.17 and a beta of 1.37. The stock’s fifty day moving average is $85.46 and its 200-day moving average is $82.68.

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.