Guidance Capital Inc. Trims Stock Position in iShares Global Tech ETF (NYSEARCA:IXN)

Guidance Capital Inc. lowered its position in shares of iShares Global Tech ETF (NYSEARCA:IXN) by 55.8% in the 4th quarter, Holdings Channel.com reports. The fund owned 5,348 shares of the company’s stock after selling 6,765 shares during the period. Guidance Capital Inc.’s holdings in iShares Global Tech ETF were worth $465,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. International Assets Investment Management LLC lifted its position in iShares Global Tech ETF by 9,022.6% during the third quarter. International Assets Investment Management LLC now owns 358,428 shares of the company’s stock valued at $29,581,000 after purchasing an additional 354,499 shares during the last quarter. Jane Street Group LLC lifted its holdings in shares of iShares Global Tech ETF by 269.8% in the 3rd quarter. Jane Street Group LLC now owns 209,970 shares of the company’s stock worth $17,329,000 after acquiring an additional 153,183 shares during the last quarter. Flow Traders U.S. LLC bought a new stake in shares of iShares Global Tech ETF in the 3rd quarter worth approximately $2,803,000. Shum Financial Group Inc. bought a new stake in shares of iShares Global Tech ETF in the 3rd quarter worth approximately $1,569,000. Finally, Private Advisor Group LLC lifted its holdings in shares of iShares Global Tech ETF by 47.9% in the 3rd quarter. Private Advisor Group LLC now owns 58,800 shares of the company’s stock worth $4,853,000 after acquiring an additional 19,050 shares during the last quarter.

iShares Global Tech ETF Stock Performance

Shares of IXN opened at $84.89 on Thursday. The firm has a market cap of $5.06 billion, a price-to-earnings ratio of 34.17 and a beta of 1.37. iShares Global Tech ETF has a fifty-two week low of $68.53 and a fifty-two week high of $88.40. The firm has a 50 day moving average price of $85.36 and a 200-day moving average price of $82.61.

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.