Bernardo Wealth Planning LLC Cuts Holdings in iShares Global Tech ETF (NYSEARCA:IXN)

Bernardo Wealth Planning LLC decreased its holdings in iShares Global Tech ETF (NYSEARCA:IXN) by 2.2% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 34,458 shares of the company’s stock after selling 778 shares during the period. iShares Global Tech ETF comprises approximately 0.7% of Bernardo Wealth Planning LLC’s investment portfolio, making the stock its 27th biggest holding. Bernardo Wealth Planning LLC’s holdings in iShares Global Tech ETF were worth $2,890,000 as of its most recent SEC filing.

A number of other hedge funds also recently bought and sold shares of the stock. Envestnet Asset Management Inc. raised its position in shares of iShares Global Tech ETF by 8.4% in the 2nd quarter. Envestnet Asset Management Inc. now owns 183,732 shares of the company’s stock worth $15,217,000 after acquiring an additional 14,300 shares in the last quarter. Sanctuary Advisors LLC bought a new position in iShares Global Tech ETF in the second quarter worth about $783,000. VitalStone Financial LLC raised its holdings in iShares Global Tech ETF by 0.9% in the third quarter. VitalStone Financial LLC now owns 25,663 shares of the company’s stock worth $2,118,000 after purchasing an additional 224 shares in the last quarter. Townsquare Capital LLC lifted its position in shares of iShares Global Tech ETF by 16.1% during the third quarter. Townsquare Capital LLC now owns 3,197 shares of the company’s stock valued at $264,000 after buying an additional 444 shares during the last quarter. Finally, Blue Trust Inc. boosted its holdings in shares of iShares Global Tech ETF by 4.0% in the 3rd quarter. Blue Trust Inc. now owns 4,000 shares of the company’s stock valued at $331,000 after buying an additional 155 shares in the last quarter.

iShares Global Tech ETF Stock Up 1.4 %

NYSEARCA IXN opened at $85.30 on Friday. iShares Global Tech ETF has a 52 week low of $68.28 and a 52 week high of $88.40. The company has a 50 day moving average price of $84.98 and a 200 day moving average price of $82.66. The firm has a market cap of $5.09 billion, a PE ratio of 34.17 and a beta of 1.37.

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.