PFG Advisors Increases Position in iShares Global Tech ETF $IXN

PFG Advisors raised its holdings in shares of iShares Global Tech ETF (NYSEARCA:IXN) by 107.1% in the 4th quarter, Holdings Channel reports. The institutional investor owned 15,722 shares of the company’s stock after purchasing an additional 8,131 shares during the quarter. PFG Advisors’ holdings in iShares Global Tech ETF were worth $1,651,000 at the end of the most recent quarter.

Several other large investors have also modified their holdings of the business. Fisher Asset Management LLC boosted its position in shares of iShares Global Tech ETF by 1.2% during the third quarter. Fisher Asset Management LLC now owns 2,995,668 shares of the company’s stock valued at $309,183,000 after buying an additional 36,169 shares during the period. Bank of America Corp DE boosted its position in shares of iShares Global Tech ETF by 0.8% during the third quarter. Bank of America Corp DE now owns 2,418,337 shares of the company’s stock valued at $249,597,000 after buying an additional 19,522 shares during the period. Patten & Patten Inc. TN boosted its position in shares of iShares Global Tech ETF by 4.6% during the third quarter. Patten & Patten Inc. TN now owns 529,964 shares of the company’s stock valued at $54,698,000 after buying an additional 23,330 shares during the period. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main boosted its position in shares of iShares Global Tech ETF by 14,762.6% during the second quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main now owns 326,382 shares of the company’s stock valued at $30,138,000 after buying an additional 324,186 shares during the period. Finally, Sava Penzisko Drushtvo A.D. Skopje purchased a new position in shares of iShares Global Tech ETF during the third quarter valued at approximately $31,504,000.

iShares Global Tech ETF Price Performance

Shares of NYSEARCA:IXN opened at $119.25 on Thursday. iShares Global Tech ETF has a 1 year low of $72.76 and a 1 year high of $119.25. The business has a 50 day simple moving average of $106.13 and a two-hundred day simple moving average of $106.06. The firm has a market capitalization of $7.73 billion, a PE ratio of 34.73 and a beta of 1.26.

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.