iShares Global Tech ETF (NYSEARCA:IXN) Shares Sold by Sandy Spring Bank

Sandy Spring Bank lowered its position in iShares Global Tech ETF (NYSEARCA:IXN) by 3.3% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 29,172 shares of the company’s stock after selling 981 shares during the period. Sandy Spring Bank’s holdings in iShares Global Tech ETF were worth $2,472,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also recently added to or reduced their stakes in IXN. Thrivent Financial for Lutherans lifted its position in shares of iShares Global Tech ETF by 4.1% during the 3rd quarter. Thrivent Financial for Lutherans now owns 162,232 shares of the company’s stock valued at $13,389,000 after acquiring an additional 6,423 shares during the period. Meridian Wealth Management LLC acquired a new stake in shares of iShares Global Tech ETF during the 3rd quarter valued at approximately $1,321,000. Great Valley Advisor Group Inc. lifted its position in shares of iShares Global Tech ETF by 11.3% during the 3rd quarter. Great Valley Advisor Group Inc. now owns 7,245 shares of the company’s stock valued at $598,000 after acquiring an additional 738 shares during the period. One Charles Private Wealth Services LLC acquired a new stake in shares of iShares Global Tech ETF during the 3rd quarter valued at approximately $538,000. Finally, Shum Financial Group Inc. acquired a new stake in shares of iShares Global Tech ETF during the 3rd quarter valued at approximately $1,569,000.

iShares Global Tech ETF Trading Down 0.3 %

IXN stock opened at $78.39 on Friday. The firm has a 50 day moving average of $83.31 and a 200-day moving average of $83.28. iShares Global Tech ETF has a 12-month low of $68.53 and a 12-month high of $88.62. The company has a market cap of $4.63 billion, a price-to-earnings ratio of 32.89 and a beta of 1.15.

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.