Cibc World Market Inc. Has $1.47 Million Stock Position in iShares Global Tech ETF $IXN

Cibc World Market Inc. lessened its holdings in shares of iShares Global Tech ETF (NYSEARCA:IXN) by 81.9% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 14,015 shares of the company’s stock after selling 63,298 shares during the period. Cibc World Market Inc.’s holdings in iShares Global Tech ETF were worth $1,472,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently made changes to their positions in the company. Oppenheimer & Co. Inc. lifted its holdings in shares of iShares Global Tech ETF by 2.0% during the 4th quarter. Oppenheimer & Co. Inc. now owns 5,088 shares of the company’s stock worth $534,000 after acquiring an additional 98 shares during the period. Mountain Capital Investment Advisors Inc. lifted its holdings in shares of iShares Global Tech ETF by 2.7% during the 4th quarter. Mountain Capital Investment Advisors Inc. now owns 4,641 shares of the company’s stock worth $498,000 after acquiring an additional 124 shares during the period. Intelligence Driven Advisers LLC lifted its holdings in shares of iShares Global Tech ETF by 4.0% during the 3rd quarter. Intelligence Driven Advisers LLC now owns 3,397 shares of the company’s stock worth $351,000 after acquiring an additional 130 shares during the period. EQ LLC lifted its holdings in shares of iShares Global Tech ETF by 0.5% during the 3rd quarter. EQ LLC now owns 31,299 shares of the company’s stock worth $3,230,000 after acquiring an additional 156 shares during the period. Finally, Savant Capital LLC lifted its holdings in shares of iShares Global Tech ETF by 4.2% during the 3rd quarter. Savant Capital LLC now owns 3,925 shares of the company’s stock worth $405,000 after acquiring an additional 157 shares during the period.

iShares Global Tech ETF Price Performance

Shares of NYSEARCA:IXN opened at $136.40 on Wednesday. The company has a market cap of $8.87 billion, a price-to-earnings ratio of 34.73 and a beta of 1.36. The firm has a 50 day simple moving average of $124.23 and a 200 day simple moving average of $112.09. iShares Global Tech ETF has a one year low of $86.50 and a one year high of $149.83.

About iShares Global Tech ETF

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.