Bessemer Group Inc. Has $1.65 Million Holdings in iShares Global Tech ETF $IXN

Bessemer Group Inc. boosted its position in shares of iShares Global Tech ETF (NYSEARCA:IXN) by 36.3% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 16,518 shares of the company’s stock after purchasing an additional 4,403 shares during the period. Bessemer Group Inc.’s holdings in iShares Global Tech ETF were worth $1,652,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. Goodman Advisory Group LLC bought a new stake in iShares Global Tech ETF in the 1st quarter valued at approximately $534,000. Patten & Patten Inc. TN grew its stake in shares of iShares Global Tech ETF by 2.9% during the 4th quarter. Patten & Patten Inc. TN now owns 545,249 shares of the company’s stock worth $57,251,000 after acquiring an additional 15,285 shares in the last quarter. Farther Finance Advisors LLC grew its stake in shares of iShares Global Tech ETF by 700.6% during the 4th quarter. Farther Finance Advisors LLC now owns 16,204 shares of the company’s stock worth $1,701,000 after acquiring an additional 14,180 shares in the last quarter. Thrivent Financial for Lutherans raised its holdings in shares of 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 valued at $20,549,000 after purchasing an additional 6,544 shares during the last quarter. Finally, Newbridge Financial Services Group Inc. raised its holdings in shares of iShares Global Tech ETF by 10.8% in the fourth quarter. Newbridge Financial Services Group Inc. now owns 99,153 shares of the company’s stock valued at $10,411,000 after purchasing an additional 9,677 shares during the last quarter.

iShares Global Tech ETF Stock Down 0.2%

Shares of IXN stock opened at $136.82 on Thursday. iShares Global Tech ETF has a 12 month low of $93.27 and a 12 month high of $149.83. The company’s fifty day simple moving average is $138.95 and its 200-day simple moving average is $119.63. The firm has a market cap of $8.95 billion, a PE 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.