Flagship Private Wealth LLC Decreases Stock Position in iShares Global Tech ETF (NYSEARCA:IXN)

Flagship Private Wealth LLC reduced its position in iShares Global Tech ETF (NYSEARCA:IXN) by 1.1% in the first quarter, Holdings Channel.com reports. The fund owned 50,173 shares of the company’s stock after selling 566 shares during the period. iShares Global Tech ETF makes up about 1.8% of Flagship Private Wealth LLC’s investment portfolio, making the stock its 15th largest position. Flagship Private Wealth LLC’s holdings in iShares Global Tech ETF were worth $3,800,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds also recently added to or reduced their stakes in the company. Renaissance Technologies LLC purchased a new position in iShares Global Tech ETF in the 4th quarter worth approximately $873,000. Patten Group Inc. raised its holdings in iShares Global Tech ETF by 1.9% in the 4th quarter. Patten Group Inc. now owns 34,033 shares of the company’s stock worth $2,884,000 after acquiring an additional 636 shares during the last quarter. Thrivent Financial for Lutherans raised its holdings in iShares Global Tech ETF by 4.8% in the 4th quarter. Thrivent Financial for Lutherans now owns 169,962 shares of the company’s stock worth $14,387,000 after acquiring an additional 7,730 shares during the last quarter. MGO One Seven LLC raised its holdings in iShares Global Tech ETF by 3.2% in the 4th quarter. MGO One Seven LLC now owns 7,705 shares of the company’s stock worth $653,000 after acquiring an additional 238 shares during the last quarter. Finally, Keystone Wealth Services LLC raised its holdings in iShares Global Tech ETF by 1.2% in the 4th quarter. Keystone Wealth Services LLC now owns 11,080 shares of the company’s stock worth $939,000 after acquiring an additional 132 shares during the last quarter.

iShares Global Tech ETF Stock Up 0.8%

Shares of NYSEARCA IXN opened at $86.69 on Friday. iShares Global Tech ETF has a twelve month low of $63.58 and a twelve month high of $88.62. The firm has a market cap of $5.03 billion, a P/E ratio of 31.26 and a beta of 1.23. The company has a 50 day moving average of $78.23 and a 200 day moving average of $81.80.

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.