iShares Global Tech ETF $IXN Shares Sold by Truist Financial Corp

Truist Financial Corp lessened its holdings in iShares Global Tech ETF (NYSEARCA:IXN) by 7.5% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 49,956 shares of the company’s stock after selling 4,067 shares during the period. Truist Financial Corp owned approximately 0.08% of iShares Global Tech ETF worth $5,245,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also modified their holdings of IXN. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main lifted its stake in shares of iShares Global Tech ETF by 14,762.6% in the 2nd quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main now owns 326,382 shares of the company’s stock valued at $30,138,000 after purchasing an additional 324,186 shares during the last quarter. Sava Penzisko Drushtvo A.D. Skopje acquired a new position in shares of iShares Global Tech ETF in the 3rd quarter valued at $31,504,000. Pictet Asset Management Holding SA lifted its stake in shares of iShares Global Tech ETF by 76.4% in the 4th 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. Bank of America Corp DE lifted its stake in shares of iShares Global Tech ETF by 8.7% in the 2nd quarter. Bank of America Corp DE now owns 2,398,815 shares of the company’s stock valued at $221,507,000 after purchasing an additional 191,600 shares during the last quarter. Finally, Cambria Investment Management L.P. acquired a new position in shares of iShares Global Tech ETF in the 3rd quarter valued at $9,210,000.

iShares Global Tech ETF Price Performance

IXN stock opened at $133.01 on Monday. The firm has a market capitalization of $8.65 billion, a P/E ratio of 34.73 and a beta of 1.32. The business’s 50-day moving average is $108.94 and its two-hundred day moving average is $107.18. iShares Global Tech ETF has a 1 year low of $79.48 and a 1 year high of $133.08.

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.