Flagship Private Wealth LLC Sells 566 Shares of iShares Global Tech ETF (NYSEARCA:IXN)

Flagship Private Wealth LLC reduced its stake in iShares Global Tech ETF (NYSEARCA:IXN) by 1.1% during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 50,173 shares of the company’s stock after selling 566 shares during the quarter. iShares Global Tech ETF comprises approximately 1.8% of Flagship Private Wealth LLC’s holdings, making the stock its 15th largest position. Flagship Private Wealth LLC owned 0.09% of iShares Global Tech ETF worth $3,800,000 as of its most recent SEC filing.

Other hedge funds have also recently made changes to their positions in the company. Renaissance Technologies LLC bought a new stake in shares of iShares Global Tech ETF in the 4th quarter worth approximately $873,000. Patten Group Inc. boosted its position in shares of iShares Global Tech ETF by 1.9% in the 4th quarter. Patten Group Inc. now owns 34,033 shares of the company’s stock worth $2,884,000 after purchasing an additional 636 shares in the last quarter. Thrivent Financial for Lutherans boosted its position in shares of iShares Global Tech ETF by 4.8% in the 4th quarter. Thrivent Financial for Lutherans now owns 169,962 shares of the company’s stock worth $14,387,000 after purchasing an additional 7,730 shares in the last quarter. MGO One Seven LLC boosted its position in shares of iShares Global Tech ETF by 3.2% in the 4th quarter. MGO One Seven LLC now owns 7,705 shares of the company’s stock worth $653,000 after purchasing an additional 238 shares in the last quarter. Finally, Keystone Wealth Services LLC boosted its position in shares of iShares Global Tech ETF by 1.2% in the 4th quarter. Keystone Wealth Services LLC now owns 11,080 shares of the company’s stock worth $939,000 after purchasing an additional 132 shares in the last quarter.

iShares Global Tech ETF Stock Up 0.8%

Shares of IXN opened at $86.69 on Friday. The business’s 50 day moving average price is $78.23 and its 200-day moving average price is $81.80. iShares Global Tech ETF has a 52 week low of $63.58 and a 52 week high of $88.62. The stock has a market cap of $5.03 billion, a P/E ratio of 31.26 and a beta of 1.23.

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.