Patton Albertson Miller Group LLC Reduces Stock Holdings in iShares Global Tech ETF (NYSEARCA:IXN)

Patton Albertson Miller Group LLC lowered its stake in iShares Global Tech ETF (NYSEARCA:IXN) by 6.0% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 6,440 shares of the company’s stock after selling 414 shares during the period. Patton Albertson Miller Group LLC’s holdings in iShares Global Tech ETF were worth $546,000 at the end of the most recent reporting period.

A number of other hedge funds have also added to or reduced their stakes in IXN. RPg Family Wealth Advisory LLC bought a new stake in shares of iShares Global Tech ETF during the 3rd quarter valued at about $28,000. Highline Wealth Partners LLC purchased a new stake in iShares Global Tech ETF in the third quarter worth about $61,000. Goodman Advisory Group LLC bought a new stake in iShares Global Tech ETF during the 3rd quarter valued at approximately $70,000. Morse Asset Management Inc purchased a new position in shares of iShares Global Tech ETF during the 3rd quarter worth approximately $83,000. Finally, Sunbelt Securities Inc. raised its position in shares of iShares Global Tech ETF by 53.0% in the 3rd quarter. Sunbelt Securities Inc. now owns 2,310 shares of the company’s stock worth $191,000 after acquiring an additional 800 shares in the last quarter.

iShares Global Tech ETF Stock Down 0.8 %

IXN opened at $87.00 on Friday. iShares Global Tech ETF has a 52 week low of $68.53 and a 52 week high of $88.40. The stock has a market cap of $5.19 billion, a PE ratio of 34.17 and a beta of 1.37. The business has a 50 day moving average of $85.31 and a 200-day moving average of $82.71.

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.