Shira Ridge Wealth Management Lowers Stake in iShares Global Tech ETF $IXN

Shira Ridge Wealth Management cut its holdings in iShares Global Tech ETF (NYSEARCA:IXN) by 20.9% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 70,899 shares of the company’s stock after selling 18,696 shares during the quarter. iShares Global Tech ETF comprises approximately 3.0% of Shira Ridge Wealth Management’s portfolio, making the stock its 11th largest holding. Shira Ridge Wealth Management owned about 0.11% of iShares Global Tech ETF worth $7,444,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. Larson Financial Group LLC acquired a new stake in shares of iShares Global Tech ETF during the third quarter worth about $28,000. West Branch Capital LLC acquired a new position in iShares Global Tech ETF in the 3rd quarter valued at about $36,000. Manning & Napier Advisors LLC purchased a new stake in iShares Global Tech ETF during the 3rd quarter valued at approximately $39,000. Triumph Capital Management acquired a new stake in iShares Global Tech ETF during the 3rd quarter worth approximately $54,000. Finally, Mather Group LLC. acquired a new position in shares of iShares Global Tech ETF in the third quarter valued at approximately $81,000.

iShares Global Tech ETF Price Performance

IXN opened at $102.35 on Wednesday. iShares Global Tech ETF has a 12 month low of $63.58 and a 12 month high of $112.78. The stock has a market capitalization of $6.24 billion, a P/E ratio of 34.73 and a beta of 1.24. The business has a 50 day simple moving average of $106.11 and a 200-day simple moving average of $105.22.

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.