Lido Advisors LLC acquired a new stake in shares of iShares Global Tech ETF (NYSEARCA:IXN) in the fourth quarter, Holdings Channel.com reports. The institutional investor acquired 3,419 shares of the company’s stock, valued at approximately $1,025,000.

Other hedge funds and other institutional investors have also modified their holdings of the company. Kestra Advisory Services LLC purchased a new position in iShares Global Tech ETF during the third quarter worth about $2,548,000. Prospera Financial Services Inc purchased a new position in iShares Global Tech ETF during the third quarter worth about $51,000. Baystate Wealth Management LLC boosted its holdings in iShares Global Tech ETF by 5,300.0% during the fourth quarter. Baystate Wealth Management LLC now owns 216 shares of the company’s stock worth $65,000 after purchasing an additional 212 shares during the last quarter. Clearview Wealth Advisors LLC purchased a new position in iShares Global Tech ETF during the fourth quarter worth about $67,000. Finally, Jacobi Capital Management LLC boosted its holdings in iShares Global Tech ETF by 26.7% during the third quarter. Jacobi Capital Management LLC now owns 237 shares of the company’s stock worth $62,000 after purchasing an additional 50 shares during the last quarter.

Shares of IXN stock opened at $311.39 on Tuesday. iShares Global Tech ETF has a 52 week low of $155.91 and a 52 week high of $324.99. The firm’s 50-day simple moving average is $309.62 and its two-hundred day simple moving average is $281.41.

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.

Further Reading: LIBOR

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Institutional Ownership by Quarter for iShares Global Tech ETF (NYSEARCA:IXN)

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