Icon Wealth Advisors LLC Lowers Stock Holdings in iShares Global Tech ETF (NYSEARCA:IXN)

Icon Wealth Advisors LLC lessened its holdings in shares of iShares Global Tech ETF (NYSEARCA:IXN) by 94.3% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 1,194 shares of the company’s stock after selling 19,938 shares during the quarter. Icon Wealth Advisors LLC’s holdings in iShares Global Tech ETF were worth $99,000 at the end of the most recent quarter.

Other hedge funds have also made changes to their positions in the company. Rothschild Investment LLC acquired a new position in iShares Global Tech ETF during the second quarter worth approximately $26,000. ORG Partners LLC purchased a new position in shares of iShares Global Tech ETF in the 2nd quarter worth $60,000. Highline Wealth Partners LLC acquired a new position in iShares Global Tech ETF in the third quarter valued at $61,000. Family Firm Inc. purchased a new stake in iShares Global Tech ETF during the second quarter valued at about $95,000. Finally, Concourse Financial Group Securities Inc. grew its position in iShares Global Tech ETF by 14.0% during the second quarter. Concourse Financial Group Securities Inc. now owns 1,692 shares of the company’s stock valued at $140,000 after acquiring an additional 208 shares during the period.

iShares Global Tech ETF Price Performance

iShares Global Tech ETF stock opened at $83.38 on Monday. The company has a market cap of $4.97 billion, a price-to-earnings ratio of 34.17 and a beta of 1.37. iShares Global Tech ETF has a 12 month low of $64.31 and a 12 month high of $88.10. The stock’s 50-day moving average is $82.61 and its 200-day moving average is $81.01.

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.