Northwest Capital Management Inc decreased its stake in iShares Global Tech ETF (NYSEARCA:IXN – Free Report) by 20.0% during the 4th quarter, HoldingsChannel reports. The fund owned 600 shares of the company’s stock after selling 150 shares during the period. Northwest Capital Management Inc’s holdings in iShares Global Tech ETF were worth $51,000 as of its most recent filing with the Securities and Exchange Commission.
Several other hedge funds and other institutional investors have also modified their holdings of IXN. International Assets Investment Management LLC grew its holdings 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 worth $29,581,000 after purchasing an additional 354,499 shares in the last quarter. Jane Street Group LLC lifted its position in iShares Global Tech ETF by 269.8% in the third quarter. Jane Street Group LLC now owns 209,970 shares of the company’s stock worth $17,329,000 after purchasing an additional 153,183 shares during the period. Flow Traders U.S. LLC acquired a new stake in iShares Global Tech ETF during the third quarter worth $2,803,000. Shum Financial Group Inc. acquired a new stake in iShares Global Tech ETF during the third quarter worth $1,569,000. Finally, Private Advisor Group LLC increased its holdings in iShares Global Tech ETF by 47.9% in the 3rd quarter. Private Advisor Group LLC now owns 58,800 shares of the company’s stock valued at $4,853,000 after buying an additional 19,050 shares during the period.
iShares Global Tech ETF Stock Performance
NYSEARCA:IXN opened at $86.12 on Monday. The company has a 50-day moving average of $85.70 and a 200-day moving average of $83.41. iShares Global Tech ETF has a 52 week low of $68.53 and a 52 week high of $88.62. The company has a market capitalization of $5.35 billion, a price-to-earnings ratio of 37.10 and a beta of 1.13.
iShares Global Tech ETF Company 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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