iShares Global Tech ETF (NYSEARCA:IXN) Shares Sold by Carnegie Investment Counsel

Carnegie Investment Counsel cut its position in shares of iShares Global Tech ETF (NYSEARCA:IXN) by 1.8% during the second quarter, HoldingsChannel.com reports. The institutional investor owned 22,461 shares of the company’s stock after selling 415 shares during the quarter. Carnegie Investment Counsel’s holdings in iShares Global Tech ETF were worth $1,860,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also made changes to their positions in the company. Sequoia Financial Advisors LLC acquired a new stake in shares of iShares Global Tech ETF during the 4th quarter worth about $212,000. RWA Wealth Partners LLC purchased a new stake in iShares Global Tech ETF in the fourth quarter valued at approximately $413,000. Gimbal Financial acquired a new position in shares of iShares Global Tech ETF in the 4th quarter valued at $13,213,000. PDS Planning Inc purchased a new position in iShares Global Tech ETF during the 4th quarter worth $234,000. Finally, Marks Group Wealth Management Inc lifted its position in iShares Global Tech ETF by 89.0% during the 4th quarter. Marks Group Wealth Management Inc now owns 52,917 shares of the company’s stock worth $3,608,000 after acquiring an additional 24,913 shares during the period.

iShares Global Tech ETF Price Performance

Shares of IXN stock traded down $0.17 during mid-day trading on Tuesday, hitting $82.74. The stock had a trading volume of 94,209 shares, compared to its average volume of 278,124. The firm has a market cap of $4.94 billion, a PE ratio of 34.17 and a beta of 1.37. The company’s 50-day simple moving average is $81.68 and its 200-day simple moving average is $76.74. iShares Global Tech ETF has a fifty-two week low of $56.30 and a fifty-two week high of $88.10.

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.