iShares Global Tech ETF $IXN Shares Sold by U.S. Capital Wealth Advisors LLC

U.S. Capital Wealth Advisors LLC trimmed its stake in shares of iShares Global Tech ETF (NYSEARCA:IXN) by 78.8% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 6,690 shares of the company’s stock after selling 24,815 shares during the quarter. U.S. Capital Wealth Advisors LLC’s holdings in iShares Global Tech ETF were worth $618,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently modified their holdings of IXN. Richards Merrill & Peterson Inc. bought a new position in shares of iShares Global Tech ETF during the first quarter worth about $34,000. Tradewinds Capital Management LLC acquired a new stake in iShares Global Tech ETF during the first quarter valued at approximately $36,000. Flaharty Asset Management LLC bought a new position in iShares Global Tech ETF during the 1st quarter worth approximately $47,000. Spectrum Wealth Counsel LLC acquired a new position in shares of iShares Global Tech ETF in the 1st quarter worth approximately $62,000. Finally, North Capital Inc. acquired a new position in shares of iShares Global Tech ETF in the 1st quarter worth approximately $76,000.

iShares Global Tech ETF Trading Down 0.2%

IXN stock opened at $101.57 on Friday. The stock’s 50 day simple moving average is $97.07 and its 200 day simple moving average is $87.18. iShares Global Tech ETF has a 12-month low of $63.58 and a 12-month high of $103.45. The firm has a market cap of $6.05 billion, a P/E ratio of 34.73 and a beta of 1.15.

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.