Cresset Asset Management LLC Has $6.84 Million Stock Holdings in iShares Global Tech ETF $IXN

Cresset Asset Management LLC lowered its holdings in shares of iShares Global Tech ETF (NYSEARCA:IXN) by 15.9% in the third quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 66,307 shares of the company’s stock after selling 12,504 shares during the period. Cresset Asset Management LLC owned about 0.11% of iShares Global Tech ETF worth $6,844,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also modified their holdings of the business. West Branch Capital LLC bought a new position in iShares Global Tech ETF in the third quarter valued at about $36,000. Manning & Napier Advisors LLC acquired a new stake in shares of iShares Global Tech ETF in the 3rd quarter valued at approximately $39,000. Mather Group LLC. bought a new stake in shares of iShares Global Tech ETF during the 3rd quarter valued at approximately $81,000. Avalon Trust Co bought a new stake in shares of iShares Global Tech ETF during the 3rd quarter valued at approximately $90,000. Finally, Root Financial Partners LLC acquired a new position in iShares Global Tech ETF during the 3rd quarter worth approximately $113,000.

iShares Global Tech ETF Price Performance

Shares of NYSEARCA:IXN opened at $105.43 on Friday. iShares Global Tech ETF has a one year low of $63.58 and a one year high of $112.78. The company has a market cap of $6.43 billion, a price-to-earnings ratio of 34.73 and a beta of 1.24. The firm has a 50 day simple moving average of $106.75 and a 200 day simple moving average of $104.34.

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.