JPMorgan Chase & Co. Sells 169,353 Shares of iShares Global Tech ETF (NYSEARCA:IXN)

JPMorgan Chase & Co. trimmed its holdings in shares of iShares Global Tech ETF (NYSEARCA:IXN) by 6.1% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 2,615,247 shares of the company’s stock after selling 169,353 shares during the quarter. JPMorgan Chase & Co. owned 4.38% of iShares Global Tech ETF worth $221,642,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in the business. Park Avenue Securities LLC purchased a new position in iShares Global Tech ETF during the fourth quarter worth $201,000. Townsquare Capital LLC boosted its stake in shares of iShares Global Tech ETF by 16.1% during the 3rd quarter. Townsquare Capital LLC now owns 3,197 shares of the company’s stock worth $264,000 after purchasing an additional 444 shares during the period. EP Wealth Advisors LLC grew its holdings in iShares Global Tech ETF by 14.2% during the 3rd quarter. EP Wealth Advisors LLC now owns 4,397 shares of the company’s stock valued at $363,000 after purchasing an additional 548 shares during the last quarter. SK Wealth Management LLC bought a new stake in iShares Global Tech ETF in the third quarter worth about $215,000. Finally, Blue Trust Inc. lifted its stake in iShares Global Tech ETF by 3.3% in the fourth quarter. Blue Trust Inc. now owns 4,130 shares of the company’s stock worth $341,000 after purchasing an additional 130 shares during the last quarter.

iShares Global Tech ETF Price Performance

Shares of NYSEARCA:IXN opened at $75.74 on Tuesday. The firm has a market capitalization of $4.62 billion, a PE ratio of 32.70 and a beta of 1.15. The business has a 50 day simple moving average of $82.44 and a two-hundred day simple moving average of $83.35. iShares Global Tech ETF has a 1 year low of $68.53 and a 1 year high of $88.62.

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.