Cambridge Investment Research Advisors Inc. Grows Position in iShares Global Tech ETF $IXN

Cambridge Investment Research Advisors Inc. increased its holdings in iShares Global Tech ETF (NYSEARCA:IXN) by 2.2% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 414,800 shares of the company’s stock after acquiring an additional 8,969 shares during the quarter. Cambridge Investment Research Advisors Inc.’s holdings in iShares Global Tech ETF were worth $43,554,000 as of its most recent SEC filing.

A number of other hedge funds also recently added to or reduced their stakes in the business. Stephens Inc. AR lifted its stake in iShares Global Tech ETF by 5.2% in the fourth quarter. Stephens Inc. AR now owns 6,656 shares of the company’s stock worth $699,000 after acquiring an additional 329 shares during the period. Northwestern Mutual Wealth Management Co. lifted its stake in iShares Global Tech ETF by 202.2% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 189,182 shares of the company’s stock worth $19,864,000 after acquiring an additional 126,580 shares during the period. Thrivent Financial for Lutherans lifted its stake in iShares Global Tech ETF by 3.5% in the fourth quarter. Thrivent Financial for Lutherans now owns 195,520 shares of the company’s stock worth $20,549,000 after acquiring an additional 6,544 shares during the period. World Investment Advisors lifted its stake in iShares Global Tech ETF by 2.5% in the fourth quarter. World Investment Advisors now owns 85,979 shares of the company’s stock worth $8,809,000 after acquiring an additional 2,064 shares during the period. Finally, Bryn Mawr Trust Advisors LLC purchased a new stake in iShares Global Tech ETF in the fourth quarter worth about $381,000.

iShares Global Tech ETF Price Performance

NYSEARCA:IXN opened at $132.08 on Monday. iShares Global Tech ETF has a 1-year low of $82.11 and a 1-year high of $135.70. The company has a 50-day moving average of $112.07 and a 200 day moving average of $108.30. The firm has a market cap of $8.59 billion, a PE ratio of 34.73 and a beta of 1.32.

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.