Signature Estate & Investment Advisors LLC Reduces Stock Holdings in iShares Global Tech ETF (NYSEARCA:IXN)

Signature Estate & Investment Advisors LLC cut its stake in iShares Global Tech ETF (NYSEARCA:IXN) by 0.6% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 74,199 shares of the company’s stock after selling 459 shares during the period. Signature Estate & Investment Advisors LLC’s holdings in iShares Global Tech ETF were worth $6,124,000 as of its most recent SEC filing.

Several other hedge funds also recently made changes to their positions in IXN. Rothschild Investment LLC acquired a new position in iShares Global Tech ETF during the second quarter worth approximately $26,000. ORG Partners LLC purchased a new stake in iShares Global Tech ETF in the 2nd quarter valued at $60,000. Highline Wealth Partners LLC acquired a new stake in iShares Global Tech ETF during the 3rd quarter worth $61,000. Family Firm Inc. acquired a new position in iShares Global Tech ETF in the second quarter valued at $95,000. Finally, Concourse Financial Group Securities Inc. raised its holdings in shares of iShares Global Tech ETF by 14.0% in the second quarter. Concourse Financial Group Securities Inc. now owns 1,692 shares of the company’s stock valued at $140,000 after buying an additional 208 shares during the last quarter.

iShares Global Tech ETF Stock Down 0.2 %

Shares of IXN stock opened at $83.57 on Friday. The stock’s 50-day moving average price is $81.95 and its 200 day moving average price is $80.43. The stock has a market capitalization of $4.98 billion, a PE ratio of 34.17 and a beta of 1.37. iShares Global Tech ETF has a 52-week low of $64.23 and a 52-week high of $88.10.

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.