Royal Bank of Canada Has $72.47 Million Stock Position in iShares Global Tech ETF (NYSEARCA:IXN)

Royal Bank of Canada reduced its stake in shares of iShares Global Tech ETF (NYSEARCA:IXN) by 0.3% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 855,132 shares of the company’s stock after selling 2,201 shares during the quarter. Royal Bank of Canada’s holdings in iShares Global Tech ETF were worth $72,472,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of IXN. Wealthfront Advisers LLC raised its stake in iShares Global Tech ETF by 1,258.0% during the 4th quarter. Wealthfront Advisers LLC now owns 786,089 shares of the company’s stock valued at $66,621,000 after purchasing an additional 728,205 shares during the last quarter. Raymond James Financial Inc. acquired a new position in iShares Global Tech ETF during the 4th quarter valued at $23,427,000. Wells Fargo & Company MN raised its stake in iShares Global Tech ETF by 10.3% during the 4th quarter. Wells Fargo & Company MN now owns 1,011,498 shares of the company’s stock valued at $85,724,000 after purchasing an additional 94,145 shares during the last quarter. Susquehanna International Group LLP raised its stake in iShares Global Tech ETF by 1,141.8% during the 4th quarter. Susquehanna International Group LLP now owns 63,123 shares of the company’s stock valued at $5,350,000 after purchasing an additional 58,040 shares during the last quarter. Finally, National Bank of Canada FI raised its stake in iShares Global Tech ETF by 271.8% during the 4th quarter. National Bank of Canada FI now owns 66,960 shares of the company’s stock valued at $5,673,000 after purchasing an additional 48,952 shares during the last quarter.

iShares Global Tech ETF Price Performance

NYSEARCA:IXN opened at $85.00 on Wednesday. The stock has a market cap of $4.87 billion, a P/E ratio of 31.23 and a beta of 1.23. iShares Global Tech ETF has a one year low of $63.58 and a one year high of $88.62. The company has a fifty day moving average price of $76.53 and a 200 day moving average price of $81.67.

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.