Montis Financial LLC lowered its position in shares of iShares Global Tech ETF (NYSEARCA:IXN – Free Report) by 31.9% in the fourth quarter, Holdings Channel reports. The institutional investor owned 13,347 shares of the company’s stock after selling 6,258 shares during the quarter. Montis Financial LLC’s holdings in iShares Global Tech ETF were worth $1,401,000 at the end of the most recent quarter.
Other hedge funds and other institutional investors have also made changes to their positions in the company. Flagship Harbor Advisors LLC acquired a new stake in iShares Global Tech ETF in the 4th quarter valued at approximately $25,000. Tucker Asset Management LLC purchased a new position in iShares Global Tech ETF in the 4th quarter valued at approximately $28,000. Larson Financial Group LLC purchased a new position in iShares Global Tech ETF in the 3rd quarter valued at approximately $28,000. Triumph Capital Management purchased a new position in iShares Global Tech ETF in the 3rd quarter valued at approximately $54,000. Finally, Capital Investment Counsel Inc purchased a new position in iShares Global Tech ETF in the 4th quarter valued at approximately $60,000.
iShares Global Tech ETF Stock Up 2.4%
Shares of IXN stock opened at $138.60 on Tuesday. iShares Global Tech ETF has a 52 week low of $86.50 and a 52 week high of $149.83. The stock has a market capitalization of $9.02 billion, a PE ratio of 34.73 and a beta of 1.36. The firm has a 50 day moving average of $123.45 and a two-hundred day moving average of $111.86.
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.
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