Shares of iShares Global Tech ETF (NYSEARCA:IXN) sold by Archer Investment Corp

Archer Investment Corp lessened its holdings in shares of iShares Global Tech ETF (NYSEARCA:IXN – Free Report ) by 13.2% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. . The institutional investor owned 1,575 shares of the company’s stock after selling 240 shares during the period. Archer Investment Corp’s holdings in iShares Global Tech ETF were worth $130,000 at the end of the most recent quarter.

Other large investors have also made changes to their positions in the company. Rothschild Investment LLC purchased a new position in shares of iShares Global Tech ETF in the second quarter valued at $26,000. LifeSteps Financial Inc. purchased a new position in shares of iShares Global Tech ETF in the first quarter valued at $33,000. Jones Financial Companies Lllp purchased a new position in shares of iShares Global Tech ETF in the 4th quarter valued at $45,000. Mather Group LLC. purchased a new position in shares of iShares Global Tech ETF in the first quarter valued at $60,000. Finally, ORG Partners LLC purchased a new position in shares of iShares Global Tech ETF in the second quarter valued at $60,000.

Price Performance of the iShares Global Tech ETF

NYSEARCA IXN opened at $77.38 on Thursday. The stock’s fifty-day moving average price is $81.18 and its 200-day moving average price is $77.44. iShares Global Tech ETF has a 1 year low of $56.30 and a 1 year high of $88.10. The company has a market cap of $4.62 billion, a price-to-earnings ratio of 34.17 and a beta of 1.37.

iShares Global Tech ETF Profile

(Free Report)

The iShares Global Tech ETF (the Fund), formerly the iShares S&P Global Technology Sector Index Fund, is an exchange-traded fund (ETF). The Fund seeks investment results that generally correspond to the price and return 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), considers to be part of the information technology sector of the economy.

See Also

Want to see what other hedge funds own IXN? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Global Tech ETF (NYSEARCA:IXN – Free Report).

Get daily news and ratings for the iShares Global Tech ETF – Enter your email address below to receive a concise daily summary of the latest news and analysts’ ratings for iShares Global Tech ETF and related companies with MarketBeat.com’s FREE daily email newsletter.