Money Concepts Capital Corp increased its stake in shares of iShares Global Tech ETF (NYSEARCA:IXN – Free Report) by 11.7% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 30,330 shares of the company’s stock after buying an additional 3,167 shares during the period. Money Concepts Capital Corp’s holdings in iShares Global Tech ETF were worth $2,570,000 at the end of the most recent quarter.
Other hedge funds have also recently added to or reduced their stakes in the company. Blue Trust Inc. grew its stake in shares of iShares Global Tech ETF by 3.3% during the fourth quarter. Blue Trust Inc. now owns 4,130 shares of the company’s stock valued at $341,000 after purchasing an additional 130 shares during the last quarter. Key Client Fiduciary Advisors LLC boosted its position in iShares Global Tech ETF by 5.1% in the 4th quarter. Key Client Fiduciary Advisors LLC now owns 3,140 shares of the company’s stock valued at $266,000 after buying an additional 152 shares during the last quarter. Flagship Private Wealth LLC increased its stake in shares of iShares Global Tech ETF by 0.3% in the 4th quarter. Flagship Private Wealth LLC now owns 50,739 shares of the company’s stock valued at $4,300,000 after buying an additional 163 shares during the period. VitalStone Financial LLC raised its position in shares of iShares Global Tech ETF by 0.9% during the third quarter. VitalStone Financial LLC now owns 25,663 shares of the company’s stock worth $2,118,000 after acquiring an additional 224 shares during the last quarter. Finally, Harbour Investments Inc. lifted its stake in shares of iShares Global Tech ETF by 9.2% during the third quarter. Harbour Investments Inc. now owns 2,814 shares of the company’s stock valued at $232,000 after acquiring an additional 238 shares during the period.
iShares Global Tech ETF Stock Up 1.5 %
Shares of IXN stock opened at $83.57 on Wednesday. The firm has a market cap of $4.98 billion, a price-to-earnings ratio of 34.17 and a beta of 1.37. iShares Global Tech ETF has a 12 month low of $68.53 and a 12 month high of $88.40. The stock has a 50-day moving average price of $85.37 and a 200 day moving average price of $82.59.
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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