Essex Financial Services Inc. Has $1.13 Million Position in iShares Global Tech ETF (NYSEARCA:IXN)

Essex Financial Services Inc. decreased its position in shares of iShares Global Tech ETF (NYSEARCA:IXN) by 2.4% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 13,331 shares of the company’s stock after selling 326 shares during the period. Essex Financial Services Inc.’s holdings in iShares Global Tech ETF were worth $1,130,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also added to or reduced their stakes in IXN. Valeo Financial Advisors LLC bought a new position in iShares Global Tech ETF in the third quarter valued at about $231,000. Creative Planning boosted its stake in shares of iShares Global Tech ETF by 36.8% in the 3rd quarter. Creative Planning now owns 43,141 shares of the company’s stock valued at $3,560,000 after purchasing an additional 11,614 shares in the last quarter. Good Life Advisors LLC grew its holdings in shares of iShares Global Tech ETF by 100.4% during the 3rd quarter. Good Life Advisors LLC now owns 6,932 shares of the company’s stock valued at $572,000 after purchasing an additional 3,473 shares during the last quarter. Blue Trust Inc. increased its position in iShares Global Tech ETF by 4.0% during the 3rd quarter. Blue Trust Inc. now owns 4,000 shares of the company’s stock worth $331,000 after purchasing an additional 155 shares in the last quarter. Finally, Key Client Fiduciary Advisors LLC lifted its stake in iShares Global Tech ETF by 13.9% in the 3rd quarter. Key Client Fiduciary Advisors LLC now owns 2,988 shares of the company’s stock valued at $247,000 after purchasing an additional 365 shares during the last quarter.

iShares Global Tech ETF Price Performance

Shares of iShares Global Tech ETF stock opened at $86.10 on Wednesday. The company’s 50 day moving average price is $85.49 and its two-hundred day moving average price is $82.73. The firm has a market capitalization of $5.14 billion, a P/E ratio of 34.17 and a beta of 1.37. iShares Global Tech ETF has a fifty-two week low of $68.53 and a fifty-two week high of $88.40.

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.