Platform Technology Partners Invests $601,000 in iShares Global Tech ETF $IXN

Platform Technology Partners acquired a new position in shares of iShares Global Tech ETF (NYSEARCA:IXN) in the 1st quarter, according to the company in its most recent filing with the SEC. The fund acquired 6,016 shares of the company’s stock, valued at approximately $601,000.

A number of other hedge funds and other institutional investors also recently bought and sold shares of IXN. Pictet Asset Management Holding SA boosted its stake in iShares Global Tech ETF by 64.2% in the first quarter. Pictet Asset Management Holding SA now owns 1,152,840 shares of the company’s stock valued at $110,396,000 after acquiring an additional 450,580 shares in the last quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main lifted its holdings in shares of iShares Global Tech ETF by 14,762.6% during the 2nd 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 purchasing an additional 324,186 shares during the last quarter. Bank of America Corp DE boosted its position in shares of iShares Global Tech ETF by 8.7% in the 2nd quarter. Bank of America Corp DE now owns 2,398,815 shares of the company’s stock worth $221,507,000 after purchasing an additional 191,600 shares in the last quarter. HighTower Advisors LLC boosted its position in shares of iShares Global Tech ETF by 229.0% in the 4th quarter. HighTower Advisors LLC now owns 224,535 shares of the company’s stock worth $23,576,000 after purchasing an additional 156,283 shares in the last quarter. Finally, Northwestern Mutual Wealth Management Co. grew its stake in iShares Global Tech ETF by 202.2% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 189,182 shares of the company’s stock worth $19,864,000 after buying an additional 126,580 shares during the last quarter.

iShares Global Tech ETF Price Performance

Shares of NYSEARCA:IXN opened at $136.50 on Friday. The business’s 50-day moving average is $135.95 and its 200 day moving average is $116.57. iShares Global Tech ETF has a 1 year low of $92.17 and a 1 year high of $149.83. The firm has a market capitalization of $8.92 billion, a P/E ratio of 34.73 and a beta of 1.36.

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.