Sharkey Howes & Javer Sells 7,421 Shares of iShares Global Tech ETF (NYSEARCA:IXN)

Sharkey Howes & Javer cut its stake in iShares Global Tech ETF (NYSEARCA:IXN) by 20.2% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 29,368 shares of the company’s stock after selling 7,421 shares during the quarter. iShares Global Tech ETF comprises approximately 2.4% of Sharkey Howes & Javer’s holdings, making the stock its 13th largest holding. Sharkey Howes & Javer owned approximately 0.20% of iShares Global Tech ETF worth $5,272,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. Envestnet Asset Management Inc. lifted its position in iShares Global Tech ETF by 19.4% in the first quarter. Envestnet Asset Management Inc. now owns 2,751,560 shares of the company’s stock worth $470,709,000 after buying an additional 447,151 shares during the last quarter. Park Avenue Securities LLC purchased a new stake in iShares Global Tech ETF in the first quarter worth $70,063,000. Ellis Investment Partners LLC increased its stake in iShares Global Tech ETF by 17,011.2% in the first quarter. Ellis Investment Partners LLC now owns 399,376 shares of the company’s stock worth $399,000 after purchasing an additional 397,042 shares during the period. Advisor Group Inc. increased its stake in iShares Global Tech ETF by 17.6% in the first quarter. Advisor Group Inc. now owns 321,828 shares of the company’s stock worth $55,071,000 after purchasing an additional 48,099 shares during the period. Finally, Wells Fargo & Company MN increased its stake in iShares Global Tech ETF by 26.6% in the first quarter. Wells Fargo & Company MN now owns 263,038 shares of the company’s stock worth $44,998,000 after purchasing an additional 55,258 shares during the period.

IXN stock traded down $5.49 during midday trading on Monday, reaching $174.02. The company’s stock had a trading volume of 1,134 shares, compared to its average volume of 94,662. The company’s fifty day moving average price is $182.16. iShares Global Tech ETF has a 1 year low of $134.75 and a 1 year high of $188.59.

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.

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Institutional Ownership by Quarter for iShares Global Tech ETF (NYSEARCA:IXN)

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