Blue Trust Inc. Sells 27,648 Shares of iShares Global Tech ETF $IXN

Blue Trust Inc. trimmed its holdings in shares of iShares Global Tech ETF (NYSEARCA:IXN) by 86.3% in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 4,389 shares of the company’s stock after selling 27,648 shares during the period. Blue Trust Inc.’s holdings in iShares Global Tech ETF were worth $439,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of IXN. Fisher Asset Management LLC boosted its holdings in iShares Global Tech ETF by 1.9% during the 4th quarter. Fisher Asset Management LLC now owns 3,053,228 shares of the company’s stock valued at $320,589,000 after acquiring an additional 57,560 shares during the period. Bank of America Corp DE increased its stake in iShares Global Tech ETF by 0.8% in the 3rd quarter. Bank of America Corp DE now owns 2,418,337 shares of the company’s stock worth $249,597,000 after purchasing an additional 19,522 shares during the period. LPL Financial LLC increased its stake in iShares Global Tech ETF by 4.8% in the 4th quarter. LPL Financial LLC now owns 954,811 shares of the company’s stock worth $100,255,000 after purchasing an additional 43,586 shares during the period. Royal Bank of Canada lifted its position in iShares Global Tech ETF by 10.8% in the fourth quarter. Royal Bank of Canada now owns 944,545 shares of the company’s stock valued at $99,177,000 after purchasing an additional 92,222 shares during the last quarter. Finally, Pictet Asset Management Holding SA lifted its position in iShares Global Tech ETF by 76.4% in the fourth quarter. Pictet Asset Management Holding SA now owns 702,260 shares of the company’s stock valued at $74,454,000 after purchasing an additional 304,160 shares during the last quarter.

iShares Global Tech ETF Stock Performance

NYSEARCA:IXN opened at $138.15 on Monday. The firm has a market cap of $8.99 billion, a PE ratio of 34.73 and a beta of 1.36. iShares Global Tech ETF has a fifty-two week low of $90.76 and a fifty-two week high of $149.83. The business has a 50 day moving average price of $133.66 and a 200-day moving average price of $115.49.

iShares Global Tech ETF Company 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.