iShares Global Tech ETF $IXN Stock: Choreo LLC Reduces Stake

Choreo LLC decreased its stake in iShares Global Tech ETF (NYSEARCA:IXN) by 19.8% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 21,948 shares of the company’s stock after selling 5,428 shares during the quarter. Choreo LLC’s holdings in iShares Global Tech ETF were worth $3,253,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Fifth Third Bancorp grew its position in shares of iShares Global Tech ETF by 461.3% during the 1st quarter. Fifth Third Bancorp now owns 36,071 shares of the company’s stock worth $3,606,000 after buying an additional 29,645 shares during the period. Bernardo Wealth Planning LLC raised its position in shares of iShares Global Tech ETF by 91.5% in the 3rd quarter. Bernardo Wealth Planning LLC now owns 60,632 shares of the company’s stock valued at $8,987,000 after acquiring an additional 28,966 shares during the period. Navellier & Associates Inc. acquired a new stake in shares of iShares Global Tech ETF in the 2nd quarter valued at approximately $1,454,000. Carnegie Investment Counsel acquired a new stake in shares of iShares Global Tech ETF in the 3rd quarter valued at approximately $3,130,000. Finally, NTV Asset Management LLC bought a new position in iShares Global Tech ETF during the 3rd quarter worth approximately $3,126,000.

iShares Global Tech ETF Price Performance

iShares Global Tech ETF stock opened at $134.69 on Friday. The firm has a market capitalization of $8.87 billion, a price-to-earnings ratio of 34.73 and a beta of 1.37. The company’s 50 day simple moving average is $143.35 and its 200 day simple moving average is $127.80. iShares Global Tech ETF has a fifty-two week low of $95.11 and a fifty-two week high of $154.04.

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.