US Bancorp DE Buys 1,025 Shares of iShares Global Tech ETF (NYSEARCA:IXN)

US Bancorp DE grew its stake in shares of iShares Global Tech ETF (NYSEARCA:IXN) by 6.3% during the third quarter, Holdings Channel reports. The institutional investor owned 17,401 shares of the company’s stock after buying an additional 1,025 shares during the period. US Bancorp DE’s holdings in iShares Global Tech ETF were worth $1,436,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds also recently made changes to their positions in IXN. LPL Financial LLC lifted its holdings in iShares Global Tech ETF by 7.2% during the second quarter. LPL Financial LLC now owns 853,034 shares of the company’s stock valued at $70,648,000 after purchasing an additional 57,529 shares in the last quarter. Patten & Patten Inc. TN increased its stake in shares of iShares Global Tech ETF by 4.3% in the first quarter. Patten & Patten Inc. TN now owns 460,808 shares of the company’s stock worth $34,473,000 after purchasing an additional 18,855 shares in the last quarter. International Assets Investment Management LLC raised its position in shares of iShares Global Tech ETF by 9,022.6% during the 3rd quarter. International Assets Investment Management LLC now owns 358,428 shares of the company’s stock valued at $29,581,000 after purchasing an additional 354,499 shares during the period. Commonwealth Equity Services LLC lifted its stake in shares of iShares Global Tech ETF by 1.3% during the 2nd quarter. Commonwealth Equity Services LLC now owns 326,448 shares of the company’s stock valued at $27,036,000 after buying an additional 4,104 shares in the last quarter. Finally, Parallel Advisors LLC boosted its holdings in iShares Global Tech ETF by 1.1% in the 2nd quarter. Parallel Advisors LLC now owns 257,711 shares of the company’s stock worth $21,344,000 after buying an additional 2,688 shares during the period.

iShares Global Tech ETF Stock Up 2.0 %

NYSEARCA:IXN opened at $85.02 on Friday. The business’s 50-day simple moving average is $81.49 and its two-hundred day simple moving average is $79.95. iShares Global Tech ETF has a 52 week low of $61.66 and a 52 week high of $88.10. The stock has a market cap of $5.07 billion, a PE ratio of 34.17 and a beta of 1.37.

About iShares Global Tech ETF

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.