iShares Global Tech ETF $IXN Shares Sold by Wealthfront Advisers LLC

Wealthfront Advisers LLC cut its stake in iShares Global Tech ETF (NYSEARCA:IXN) by 3.0% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 60,299 shares of the company’s stock after selling 1,856 shares during the quarter. Wealthfront Advisers LLC owned approximately 0.10% of iShares Global Tech ETF worth $5,568,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of the company. PGIM Custom Harvest LLC boosted its stake in shares of iShares Global Tech ETF by 38.4% in the first quarter. PGIM Custom Harvest LLC now owns 1,929,209 shares of the company’s stock worth $146,118,000 after acquiring an additional 534,897 shares during the last quarter. LPL Financial LLC lifted its holdings in iShares Global Tech ETF by 1.5% in the 1st quarter. LPL Financial LLC now owns 848,664 shares of the company’s stock valued at $64,278,000 after purchasing an additional 12,487 shares in the last quarter. Patten & Patten Inc. TN boosted its stake in iShares Global Tech ETF by 3.8% during the 2nd quarter. Patten & Patten Inc. TN now owns 506,634 shares of the company’s stock worth $46,783,000 after purchasing an additional 18,741 shares during the last quarter. Jane Street Group LLC grew its holdings in shares of iShares Global Tech ETF by 298.9% during the first quarter. Jane Street Group LLC now owns 285,831 shares of the company’s stock worth $21,649,000 after buying an additional 214,181 shares in the last quarter. Finally, Envestnet Asset Management Inc. grew its holdings in shares of iShares Global Tech ETF by 36.1% during the first quarter. Envestnet Asset Management Inc. now owns 244,237 shares of the company’s stock worth $18,499,000 after buying an additional 64,812 shares in the last quarter.

iShares Global Tech ETF Stock Up 1.4%

Shares of NYSEARCA IXN opened at $111.20 on Wednesday. The firm has a 50-day simple moving average of $101.25 and a 200-day simple moving average of $92.18. The stock has a market capitalization of $6.75 billion, a price-to-earnings ratio of 34.73 and a beta of 1.24. iShares Global Tech ETF has a 52 week low of $63.58 and a 52 week high of $111.64.

iShares Global Tech ETF Company 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.