iShares Global Tech ETF (NYSEARCA:IXN) Stock Holdings Lessened by Orion Portfolio Solutions LLC

Orion Portfolio Solutions LLC cut its stake in shares of iShares Global Tech ETF (NYSEARCA:IXN) by 5.5% during the fourth quarter, HoldingsChannel.com reports. The firm owned 2,416 shares of the company’s stock after selling 141 shares during the period. Orion Portfolio Solutions LLC’s holdings in iShares Global Tech ETF were worth $205,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in IXN. Synergy Investment Management LLC purchased a new position in shares of iShares Global Tech ETF during the 4th quarter valued at $25,000. Hager Investment Management Services LLC acquired a new stake in iShares Global Tech ETF during the fourth quarter valued at $33,000. Halbert Hargrove Global Advisors LLC purchased a new position in iShares Global Tech ETF in the fourth quarter valued at about $44,000. Flagship Wealth Advisors LLC purchased a new position in iShares Global Tech ETF in the fourth quarter valued at about $45,000. Finally, VSM Wealth Advisory LLC acquired a new position in iShares Global Tech ETF in the 4th quarter worth about $50,000.

iShares Global Tech ETF Price Performance

Shares of iShares Global Tech ETF stock opened at $71.07 on Friday. The firm has a market cap of $4.34 billion, a price-to-earnings ratio of 32.70 and a beta of 1.15. The stock has a 50-day simple moving average of $79.67 and a 200-day simple moving average of $82.63. iShares Global Tech ETF has a 52-week low of $63.58 and a 52-week 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.