Richardson Capital Management LLC Decreases Position in iShares Global Tech ETF (NYSEARCA:IXN)

Richardson Capital Management LLC cut its position in iShares Global Tech ETF (NYSEARCA:IXN) by 77.3% in the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 827 shares of the company’s stock after selling 2,822 shares during the period. Richardson Capital Management LLC’s holdings in iShares Global Tech ETF were worth $68,000 as of its most recent SEC filing.

Other large investors have also bought and sold shares of the company. Rothschild Investment LLC bought a new stake in shares of iShares Global Tech ETF in the second quarter worth approximately $26,000. ORG Partners LLC bought a new stake in iShares Global Tech ETF during the second quarter valued at approximately $60,000. Highline Wealth Partners LLC bought a new stake in iShares Global Tech ETF during the third quarter valued at approximately $61,000. Family Firm Inc. bought a new stake in iShares Global Tech ETF during the second quarter valued at approximately $95,000. Finally, Concourse Financial Group Securities Inc. grew its position in iShares Global Tech ETF by 14.0% during the second quarter. Concourse Financial Group Securities Inc. now owns 1,692 shares of the company’s stock valued at $140,000 after buying an additional 208 shares during the period.

iShares Global Tech ETF Trading Up 0.0 %

Shares of NYSEARCA IXN opened at $84.02 on Wednesday. The firm has a 50 day moving average of $81.70 and a 200 day moving average of $80.32. The firm has a market capitalization of $5.01 billion, a price-to-earnings ratio of 34.17 and a beta of 1.37. iShares Global Tech ETF has a 12-month low of $62.66 and a 12-month high of $88.10.

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.