Cibc World Market Inc. Has $1.47 Million Stock Holdings in iShares Global Tech ETF $IXN

Cibc World Market Inc. trimmed its stake in iShares Global Tech ETF (NYSEARCA:IXN) by 81.9% in the fourth quarter, HoldingsChannel reports. The firm owned 14,015 shares of the company’s stock after selling 63,298 shares during the period. Cibc World Market Inc.’s holdings in iShares Global Tech ETF were worth $1,472,000 as of its most recent SEC filing.

Other large investors have also bought and sold shares of the company. Flagship Harbor Advisors LLC acquired a new stake in iShares Global Tech ETF in the fourth quarter worth $25,000. Tucker Asset Management LLC acquired a new stake in iShares Global Tech ETF in the fourth quarter worth $28,000. Larson Financial Group LLC acquired a new stake in iShares Global Tech ETF in the third quarter worth $28,000. Triumph Capital Management acquired a new stake in iShares Global Tech ETF in the third quarter worth $54,000. Finally, Capital Investment Counsel Inc acquired a new stake in iShares Global Tech ETF in the fourth quarter worth $60,000.

iShares Global Tech ETF Trading Down 1.6%

NYSEARCA:IXN opened at $136.40 on Wednesday. The stock has a market capitalization of $8.87 billion, a price-to-earnings ratio of 34.73 and a beta of 1.36. The firm has a fifty day simple moving average of $124.23 and a two-hundred day simple moving average of $112.09. iShares Global Tech ETF has a 12 month low of $86.50 and a 12 month high of $149.83.

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.