Defined Wealth Management LLC Has $3.25 Million Stock Holdings in iShares Global Tech ETF $IXN

Defined Wealth Management LLC decreased its holdings in shares of iShares Global Tech ETF (NYSEARCA:IXN) by 1.1% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 35,238 shares of the company’s stock after selling 394 shares during the period. iShares Global Tech ETF makes up about 2.0% of Defined Wealth Management LLC’s portfolio, making the stock its 16th largest position. Defined Wealth Management LLC’s holdings in iShares Global Tech ETF were worth $3,254,000 at the end of the most recent quarter.

Several other institutional investors have also recently bought and sold shares of the business. Pines Wealth Management LLC raised its holdings in iShares Global Tech ETF by 3.1% during the second quarter. Pines Wealth Management LLC now owns 10,295 shares of the company’s stock worth $961,000 after buying an additional 313 shares during the last quarter. PPS&V Asset Management Consultants Inc. acquired a new position in iShares Global Tech ETF during the second quarter worth $222,000. Focus Partners Wealth raised its holdings in iShares Global Tech ETF by 4.0% during the first quarter. Focus Partners Wealth now owns 25,167 shares of the company’s stock worth $1,906,000 after buying an additional 963 shares during the last quarter. Flaharty Asset Management LLC bought a new stake in shares of iShares Global Tech ETF in the 1st quarter worth $47,000. Finally, Jane Street Group LLC grew its stake in shares of iShares Global Tech ETF by 298.9% in the 1st quarter. Jane Street Group LLC now owns 285,831 shares of the company’s stock worth $21,649,000 after acquiring an additional 214,181 shares in the last quarter.

iShares Global Tech ETF Price Performance

NYSEARCA IXN opened at $99.61 on Wednesday. iShares Global Tech ETF has a 1 year low of $63.58 and a 1 year high of $100.51. The firm has a market cap of $5.94 billion, a price-to-earnings ratio of 34.73 and a beta of 1.15. The company has a fifty day moving average price of $96.01 and a 200-day moving average price of $86.16.

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.