iShares Global Tech ETF Price & Performance (IXN)

Bank of Montreal Can has reduced its holdings in the iShares Self-Driving EV and Tech ETF by over 65% in the fourth quarter, reflecting shifting sentiment among large investors. Despite this, the ETF is trading higher, with other institutional investors increasing their exposure to the fund.1

JPMorgan Chase & Co. has increased its stake in the iShares Global Industrials ETF by 27.4% during the fourth quarter. Other major investors, including Assetmark Inc. and Fisher Asset Management, have also added significantly to their positions, signaling ongoing institutional interest in the industrial sector.2

The iShares Global Tech ETF (IXN) rose 1.13% on Friday, capping a four-day rally. Technical indicators suggest short-term buying opportunities, even as the fund remains in a broader downtrend. The ETF’s largest holdings include Apple, Microsoft, and Nvidia, reflecting its heavy tech orientation.34