iShares Global Tech ETF $IXN Shares Sold by Clarus Wealth Advisors

Clarus Wealth Advisors cut its holdings in iShares Global Tech ETF (NYSEARCA:IXN) by 18.0% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 17,571 shares of the company’s stock after selling 3,869 shares during the quarter. Clarus Wealth Advisors’ holdings in iShares Global Tech ETF were worth $2,418,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of IXN. Investors Research Corp purchased a new position in iShares Global Tech ETF in the second quarter worth $38,000. Navellier & Associates Inc. purchased a new stake in shares of iShares Global Tech ETF during the 2nd quarter worth $1,454,000. First Bancorp Inc ME purchased a new stake in shares of iShares Global Tech ETF during the 2nd quarter worth $52,000. C M Bidwell & Associates Ltd. acquired a new position in shares of iShares Global Tech ETF during the 2nd quarter worth $30,000. Finally, Annex Advisory Services LLC acquired a new position in shares of iShares Global Tech ETF during the 2nd quarter worth $203,000.

iShares Global Tech ETF Stock Down 1.3%

Shares of IXN opened at $139.36 on Wednesday. The company has a 50-day simple moving average of $137.99 and a 200-day simple moving average of $125.97. The company has a market capitalization of $8.74 billion, a PE ratio of 34.73 and a beta of 1.37. iShares Global Tech ETF has a 52-week low of $93.27 and a 52-week high of $149.83.

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.