Carnegie Investment Counsel bought a new position in iShares Global Tech ETF (NYSEARCA:IXN – Free Report) during the 3rd quarter, HoldingsChannel reports. The fund bought 21,119 shares of the company’s stock, valued at approximately $3,130,000.
Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Integrated Advisors Network LLC increased its position in shares of iShares Global Tech ETF by 12.7% during the third quarter. Integrated Advisors Network LLC now owns 4,454 shares of the company’s stock valued at $660,000 after acquiring an additional 503 shares in the last quarter. Secure Asset Management LLC raised its holdings in iShares Global Tech ETF by 41.9% in the 3rd quarter. Secure Asset Management LLC now owns 4,642 shares of the company’s stock worth $688,000 after acquiring an additional 1,371 shares during the last quarter. Richards Merrill & Peterson Inc. purchased a new position in iShares Global Tech ETF in the 3rd quarter worth approximately $56,000. SteelPeak Wealth LLC raised its holdings in iShares Global Tech ETF by 9.2% in the 3rd quarter. SteelPeak Wealth LLC now owns 1,906 shares of the company’s stock worth $283,000 after acquiring an additional 161 shares during the last quarter. Finally, Robertson Stephens Wealth Management LLC bought a new position in iShares Global Tech ETF in the 3rd quarter valued at approximately $2,410,000.
iShares Global Tech ETF Trading Up 1.8%
IXN stock opened at $141.24 on Thursday. The stock’s 50 day simple moving average is $143.70 and its 200 day simple moving average is $136.26. iShares Global Tech ETF has a 12-month low of $95.11 and a 12-month high of $154.04. The stock has a market capitalization of $9.32 billion, a PE ratio of 34.73 and a beta of 1.37.
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.
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