Arlington Trust Co LLC Sells 26,200 Shares of iShares Global Tech ETF $IXN

Arlington Trust Co LLC cut its stake in shares of iShares Global Tech ETF (NYSEARCA:IXN) by 89.9% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 2,930 shares of the company’s stock after selling 26,200 shares during the quarter. Arlington Trust Co LLC’s holdings in iShares Global Tech ETF were worth $308,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. NorthCrest Asset Manangement LLC increased its holdings in shares of iShares Global Tech ETF by 2.0% during the third quarter. NorthCrest Asset Manangement LLC now owns 4,770 shares of the company’s stock valued at $500,000 after acquiring an additional 95 shares in the last quarter. MGO One Seven LLC grew its stake in shares of iShares Global Tech ETF by 1.3% during the 3rd quarter. MGO One Seven LLC now owns 9,559 shares of the company’s stock valued at $987,000 after purchasing an additional 121 shares during the period. Mountain Capital Investment Advisors Inc. grew its stake 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 valued at $498,000 after purchasing an additional 124 shares during the period. Intelligence Driven Advisers LLC grew its stake 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 valued at $351,000 after purchasing an additional 130 shares during the period. Finally, Financial Partners Group Inc grew its stake in shares of iShares Global Tech ETF by 4.9% during the 3rd quarter. Financial Partners Group Inc now owns 3,242 shares of the company’s stock valued at $335,000 after purchasing an additional 151 shares during the period.

iShares Global Tech ETF Stock Up 0.3%

iShares Global Tech ETF stock opened at $121.02 on Tuesday. The business has a 50-day simple moving average of $106.97 and a two-hundred day simple moving average of $106.35. The company has a market cap of $7.85 billion, a P/E ratio of 34.73 and a beta of 1.26. iShares Global Tech ETF has a 52-week low of $74.93 and a 52-week high of $121.06.

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.