Western Wealth Management LLC Sells 1,321 Shares of iShares Global Tech ETF $IXN

Western Wealth Management LLC decreased its holdings in shares of iShares Global Tech ETF (NYSEARCA:IXN) by 4.6% during the second quarter, HoldingsChannel reports. The fund owned 27,267 shares of the company’s stock after selling 1,321 shares during the quarter. Western Wealth Management LLC’s holdings in iShares Global Tech ETF were worth $2,518,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also recently made changes to their positions in IXN. Raleigh Capital Management Inc. raised its stake in shares of iShares Global Tech ETF by 160.2% during the 2nd quarter. Raleigh Capital Management Inc. now owns 281 shares of the company’s stock valued at $26,000 after purchasing an additional 173 shares during the period. SOA Wealth Advisors LLC. purchased a new position in iShares Global Tech ETF during the 2nd quarter valued at about $30,000. Harbor Asset Planning Inc. bought a new stake in shares of iShares Global Tech ETF during the second quarter valued at about $40,000. Richards Merrill & Peterson Inc. purchased a new stake in shares of iShares Global Tech ETF in the first quarter worth about $34,000. Finally, Flaharty Asset Management LLC bought a new position in shares of iShares Global Tech ETF in the first quarter valued at approximately $47,000.

iShares Global Tech ETF Price Performance

Shares of NYSEARCA:IXN opened at $105.55 on Monday. The firm has a fifty day moving average price of $104.52 and a two-hundred day moving average price of $95.49. The company has a market cap of $6.46 billion, a price-to-earnings ratio of 34.73 and a beta of 1.24. iShares Global Tech ETF has a one year low of $63.58 and a one year high of $112.78.

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.