iShares Global Tech ETF (NYSEARCA:IXN) Shares Sold by Eldridge Investment Advisors Inc.

Eldridge Investment Advisors Inc. decreased its stake in iShares Global Tech ETF (NYSEARCA:IXN) by 2.2% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 17,972 shares of the company’s stock after selling 399 shares during the quarter. Eldridge Investment Advisors Inc.’s holdings in iShares Global Tech ETF were worth $1,225,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of the stock. Great Valley Advisor Group Inc. grew its position in shares of iShares Global Tech ETF by 12.2% in the fourth quarter. Great Valley Advisor Group Inc. now owns 6,505 shares of the company’s stock valued at $443,000 after purchasing an additional 705 shares during the period. Searle & CO. acquired a new stake in shares of iShares Global Tech ETF in the fourth quarter valued at about $205,000. Howe & Rusling Inc. acquired a new stake in shares of iShares Global Tech ETF in the fourth quarter valued at about $25,000. Brighton Jones LLC boosted its position in iShares Global Tech ETF by 7.5% during the fourth quarter. Brighton Jones LLC now owns 5,834 shares of the company’s stock worth $398,000 after acquiring an additional 405 shares during the last quarter. Finally, Choreo LLC boosted its position in iShares Global Tech ETF by 1.4% during the fourth quarter. Choreo LLC now owns 28,224 shares of the company’s stock worth $1,924,000 after acquiring an additional 390 shares during the last quarter.

iShares Global Tech ETF Price Performance

IXN traded up $1.09 on Thursday, reaching $70.92. 244,885 shares of the company’s stock were exchanged, compared to its average volume of 331,825. The stock has a market cap of $4.25 billion, a PE ratio of 32.76 and a beta of 1.34. iShares Global Tech ETF has a twelve month low of $53.01 and a twelve month high of $76.25. The stock’s fifty day moving average price is $73.39 and its 200-day moving average price is $68.77.

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.