W.G. Shaheen & Associates DBA Whitney & Co acquired a new position in shares of iShares Global Tech ETF (NYSEARCA:IXN – Free Report) in the 2nd quarter, HoldingsChannel reports. The institutional investor acquired 2,500 shares of the company’s stock, valued at approximately $231,000.
Several other hedge funds have also recently bought and sold shares of IXN. Norden Group LLC acquired a new stake in shares of iShares Global Tech ETF in the second quarter valued at about $211,000. Focus Financial Network Inc. acquired a new stake in shares of iShares Global Tech ETF in the second quarter valued at about $253,000. Virtu Financial LLC acquired a new stake in shares of iShares Global Tech ETF in the first quarter valued at about $11,995,000. Janney Montgomery Scott LLC grew its position in shares of iShares Global Tech ETF by 2.3% in the second quarter. Janney Montgomery Scott LLC now owns 36,824 shares of the company’s stock valued at $3,400,000 after purchasing an additional 844 shares during the last quarter. Finally, US Bancorp DE grew its position in shares of iShares Global Tech ETF by 14.5% in the second quarter. US Bancorp DE now owns 17,812 shares of the company’s stock valued at $1,645,000 after purchasing an additional 2,256 shares during the last quarter.
iShares Global Tech ETF Stock Performance
Shares of NYSEARCA:IXN opened at $110.55 on Monday. The company has a market cap of $6.74 billion, a P/E ratio of 34.73 and a beta of 1.24. The stock’s 50-day moving average is $102.21 and its 200-day moving average is $93.12. iShares Global Tech ETF has a 52-week low of $63.58 and a 52-week high of $112.78.
iShares Global Tech ETF Company 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.
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