iShares Global Tech ETF $IXN Stock Position Decreased by Clearstead Advisors LLC

Clearstead Advisors LLC decreased its holdings in shares of iShares Global Tech ETF (NYSEARCA:IXN) by 72.2% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 5,981 shares of the company’s stock after selling 15,507 shares during the quarter. Clearstead Advisors LLC’s holdings in iShares Global Tech ETF were worth $617,000 at the end of the most recent quarter.

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

iShares Global Tech ETF Stock Performance

Shares of IXN opened at $108.56 on Friday. The firm has a fifty day moving average of $106.68 and a 200-day moving average of $104.05. The company has a market cap of $6.62 billion, a price-to-earnings ratio of 34.73 and a beta of 1.24. iShares Global Tech ETF has a 1 year low of $63.58 and a 1 year high of $112.78.

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.