iShares Global Tech ETF (NYSEARCA:IXN) Shares Sold by Cardinal Strategic Wealth Guidance

Cardinal Strategic Wealth Guidance lessened its stake in iShares Global Tech ETF (NYSEARCA:IXN) by 0.9% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 78,862 shares of the company’s stock after selling 756 shares during the period. iShares Global Tech ETF comprises about 2.1% of Cardinal Strategic Wealth Guidance’s investment portfolio, making the stock its 8th largest position. Cardinal Strategic Wealth Guidance owned approximately 0.13% of iShares Global Tech ETF worth $6,684,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also recently added to or reduced their stakes in the company. Sanctuary Advisors LLC bought a new position in iShares Global Tech ETF during the 2nd quarter worth approximately $783,000. Brookstone Capital Management raised its position in shares of iShares Global Tech ETF by 14.4% during the 3rd quarter. Brookstone Capital Management now owns 5,606 shares of the company’s stock valued at $463,000 after acquiring an additional 704 shares in the last quarter. Valeo Financial Advisors LLC bought a new position in iShares Global Tech ETF during the third quarter worth $231,000. VitalStone Financial LLC boosted its holdings in iShares Global Tech ETF by 0.9% in the third quarter. VitalStone Financial LLC now owns 25,663 shares of the company’s stock worth $2,118,000 after purchasing an additional 224 shares during the period. Finally, Creative Planning increased its stake in iShares Global Tech ETF by 36.8% during the third quarter. Creative Planning now owns 43,141 shares of the company’s stock valued at $3,560,000 after purchasing an additional 11,614 shares during the last quarter.

iShares Global Tech ETF Stock Performance

Shares of NYSEARCA:IXN opened at $85.87 on Tuesday. The company’s fifty day moving average is $85.46 and its two-hundred day moving average is $82.68. iShares Global Tech ETF has a 1-year low of $68.53 and a 1-year high of $88.40. The stock has a market capitalization of $5.12 billion, a price-to-earnings ratio of 34.17 and a beta of 1.37.

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.