Flagship Private Wealth LLC Buys 635 Shares of iShares Global Tech ETF $IXN

Flagship Private Wealth LLC increased its holdings in iShares Global Tech ETF (NYSEARCA:IXN) by 1.3% during the second quarter, Holdings Channel reports. The firm owned 50,808 shares of the company’s stock after acquiring an additional 635 shares during the quarter. iShares Global Tech ETF makes up 2.0% of Flagship Private Wealth LLC’s portfolio, making the stock its 15th biggest holding. Flagship Private Wealth LLC’s holdings in iShares Global Tech ETF were worth $4,692,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the stock. PGIM Custom Harvest LLC grew its stake in iShares Global Tech ETF by 38.4% during the first quarter. PGIM Custom Harvest LLC now owns 1,929,209 shares of the company’s stock valued at $146,118,000 after acquiring an additional 534,897 shares in the last quarter. Jane Street Group LLC increased its holdings in shares of iShares Global Tech ETF by 298.9% in the first quarter. Jane Street Group LLC now owns 285,831 shares of the company’s stock worth $21,649,000 after purchasing an additional 214,181 shares during the last quarter. Virtu Financial LLC purchased a new stake in shares of iShares Global Tech ETF in the first quarter worth about $11,995,000. World Investment Advisors purchased a new stake in shares of iShares Global Tech ETF in the second quarter worth about $7,773,000. Finally, Envestnet Asset Management Inc. boosted its stake in iShares Global Tech ETF by 36.1% during the first quarter. Envestnet Asset Management Inc. now owns 244,237 shares of the company’s stock valued at $18,499,000 after buying an additional 64,812 shares during the last quarter.

iShares Global Tech ETF Stock Performance

Shares of IXN opened at $108.34 on Thursday. The stock has a market capitalization of $6.63 billion, a PE ratio of 34.73 and a beta of 1.24. The company’s fifty day moving average is $102.99 and its 200 day moving average is $93.77. iShares Global Tech ETF has a fifty-two week low of $63.58 and a fifty-two week high of $112.78.

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.