Goodwin Investment Advisory Has $214,000 Stock Position in iShares Global Tech ETF (NYSEARCA:IXN)

Goodwin Investment Advisory cut its stake in iShares Global Tech ETF (NYSEARCA:IXN) by 28.3% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 3,135 shares of the company’s stock after selling 1,238 shares during the period. Goodwin Investment Advisory’s holdings in iShares Global Tech ETF were worth $214,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Guidance Capital Inc. bought a new stake in shares of iShares Global Tech ETF in the 4th quarter worth approximately $258,000. Cardinal Strategic Wealth Guidance increased its stake in iShares Global Tech ETF by 40.3% in the fourth quarter. Cardinal Strategic Wealth Guidance now owns 71,725 shares of the company’s stock valued at $4,890,000 after acquiring an additional 20,599 shares during the period. Romano Brothers AND Company acquired a new position in iShares Global Tech ETF in the fourth quarter worth about $223,000. ORG Partners LLC bought a new position in iShares Global Tech ETF during the fourth quarter worth about $49,000. Finally, Harbor Investment Advisory LLC acquired a new stake in iShares Global Tech ETF during the fourth quarter valued at approximately $131,000.

iShares Global Tech ETF Stock Performance

Shares of IXN stock traded down $1.27 during trading hours on Wednesday, hitting $71.31. The company had a trading volume of 205,975 shares, compared to its average volume of 330,108. The firm’s fifty day moving average is $73.75 and its 200 day moving average is $67.94. iShares Global Tech ETF has a 12 month low of $51.78 and a 12 month high of $76.25. The firm has a market capitalization of $4.32 billion, a price-to-earnings ratio of 34.43 and a beta of 1.32.

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.