Guidance Capital Inc. Has $465,000 Stock Position in iShares Global Tech ETF (NYSEARCA:IXN)

Guidance Capital Inc. reduced its holdings in iShares Global Tech ETF (NYSEARCA:IXN) by 55.8% in the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 5,348 shares of the company’s stock after selling 6,765 shares during the quarter. Guidance Capital Inc.’s holdings in iShares Global Tech ETF were worth $465,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. RPg Family Wealth Advisory LLC acquired a new stake in iShares Global Tech ETF in the third quarter worth $28,000. Highline Wealth Partners LLC bought a new position in shares of iShares Global Tech ETF in the third quarter valued at $61,000. Goodman Advisory Group LLC bought a new position in shares of iShares Global Tech ETF in the third quarter valued at $70,000. Morse Asset Management Inc bought a new position in shares of iShares Global Tech ETF in the third quarter valued at $83,000. Finally, Sunbelt Securities Inc. lifted its position in shares of iShares Global Tech ETF by 53.0% during the third quarter. Sunbelt Securities Inc. now owns 2,310 shares of the company’s stock valued at $191,000 after purchasing an additional 800 shares in the last quarter.

iShares Global Tech ETF Price Performance

IXN opened at $84.89 on Thursday. The company’s 50-day moving average is $85.36 and its 200 day moving average is $82.61. iShares Global Tech ETF has a fifty-two week low of $68.53 and a fifty-two week high of $88.40. The firm has a market capitalization of $5.06 billion, a P/E ratio of 34.17 and a beta of 1.37.

About iShares Global Tech ETF

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.