Goodwin Investment Advisory Sells 1,238 Shares of iShares Global Tech ETF (NYSEARCA:IXN)

Goodwin Investment Advisory reduced its position in iShares Global Tech ETF (NYSEARCA:IXN) by 28.3% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 3,135 shares of the company’s stock after selling 1,238 shares during the quarter. Goodwin Investment Advisory’s holdings in iShares Global Tech ETF were worth $214,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Planned Solutions Inc. bought a new stake in iShares Global Tech ETF during the fourth quarter worth $27,000. Capital Investment Counsel Inc acquired a new stake in iShares Global Tech ETF in the third quarter valued at about $33,000. Tower Research Capital LLC TRC grew its position in iShares Global Tech ETF by 626.3% in the third quarter. Tower Research Capital LLC TRC now owns 857 shares of the company’s stock valued at $36,000 after acquiring an additional 739 shares during the last quarter. Simplex Trading LLC raised its stake in iShares Global Tech ETF by 11,000.0% during the third quarter. Simplex Trading LLC now owns 666 shares of the company’s stock worth $38,000 after acquiring an additional 660 shares in the last quarter. Finally, Global Wealth Management Investment Advisory Inc. acquired a new position in iShares Global Tech ETF during the first quarter worth about $39,000.

iShares Global Tech ETF Stock Performance

Shares of iShares Global Tech ETF stock traded down $1.27 during midday trading on Wednesday, hitting $71.31. 205,975 shares of the company traded hands, compared to its average volume of 330,108. The firm’s fifty day moving average price is $73.75 and its 200-day moving average price is $67.94. The stock has a market cap of $4.32 billion, a price-to-earnings ratio of 34.43 and a beta of 1.32. iShares Global Tech ETF has a 12 month low of $51.78 and a 12 month high of $76.25.

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.