Mutual Advisors LLC Increases Stock Holdings in iShares Global Tech ETF (NYSEARCA:IXN)

Mutual Advisors LLC raised its stake in iShares Global Tech ETF (NYSEARCA:IXN) by 4.2% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 10,216 shares of the company’s stock after purchasing an additional 415 shares during the quarter. Mutual Advisors LLC’s holdings in iShares Global Tech ETF were worth $859,000 at the end of the most recent quarter.

Other large investors also recently bought and sold shares of the company. RPg Family Wealth Advisory LLC acquired a new stake in shares of iShares Global Tech ETF during the third quarter worth about $28,000. Highline Wealth Partners LLC purchased a new stake in shares of iShares Global Tech ETF during the third quarter worth approximately $61,000. Goodman Advisory Group LLC purchased a new stake in shares of iShares Global Tech ETF during the third quarter worth approximately $70,000. Morse Asset Management Inc purchased a new stake in shares of iShares Global Tech ETF during the third quarter worth approximately $83,000. Finally, Sunbelt Securities Inc. increased its stake in shares of iShares Global Tech ETF by 53.0% during the third quarter. Sunbelt Securities Inc. now owns 2,310 shares of the company’s stock worth $191,000 after buying an additional 800 shares during the period.

iShares Global Tech ETF Stock Down 0.8 %

Shares of iShares Global Tech ETF stock opened at $87.00 on Monday. The firm has a market capitalization of $5.19 billion, a P/E ratio of 34.17 and a beta of 1.37. iShares Global Tech ETF has a 52 week low of $68.53 and a 52 week high of $88.40. The firm’s 50 day moving average is $85.31 and its two-hundred day moving average is $82.69.

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.