Vickerman Investment Advisors Inc. Lowers Holdings in iShares Global Tech ETF $IXN

Vickerman Investment Advisors Inc. lowered its position in shares of iShares Global Tech ETF (NYSEARCA:IXN) by 5.1% in the third quarter, according to its most recent disclosure with the SEC. The institutional investor owned 124,844 shares of the company’s stock after selling 6,759 shares during the quarter. iShares Global Tech ETF comprises 2.6% of Vickerman Investment Advisors Inc.’s holdings, making the stock its 9th biggest position. Vickerman Investment Advisors Inc. owned 0.20% of iShares Global Tech ETF worth $12,885,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also modified their holdings of the business. Brighton Jones LLC raised its stake in iShares Global Tech ETF by 16.7% in the 4th quarter. Brighton Jones LLC now owns 4,390 shares of the company’s stock worth $372,000 after purchasing an additional 627 shares in the last quarter. Farther Finance Advisors LLC increased its holdings in shares of iShares Global Tech ETF by 8.0% during the second quarter. Farther Finance Advisors LLC now owns 1,561 shares of the company’s stock worth $144,000 after purchasing an additional 116 shares during the period. Janney Montgomery Scott LLC raised its position in shares of iShares Global Tech ETF by 2.3% in the second quarter. Janney Montgomery Scott LLC now owns 36,824 shares of the company’s stock valued at $3,400,000 after buying an additional 844 shares in the last quarter. Raleigh Capital Management Inc. boosted its stake in shares of iShares Global Tech ETF by 160.2% in the second quarter. Raleigh Capital Management Inc. now owns 281 shares of the company’s stock valued at $26,000 after buying an additional 173 shares during the period. Finally, Truist Financial Corp boosted its stake in shares of iShares Global Tech ETF by 69.2% in the second quarter. Truist Financial Corp now owns 53,189 shares of the company’s stock valued at $4,912,000 after buying an additional 21,755 shares during the period.

iShares Global Tech ETF Price Performance

iShares Global Tech ETF stock opened at $110.76 on Thursday. The firm has a market cap of $6.75 billion, a PE ratio of 34.73 and a beta of 1.24. The stock’s fifty day moving average price is $105.62 and its two-hundred day moving average price is $102.43. iShares Global Tech ETF has a one year low of $63.58 and a one year high of $112.78.

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.