Clifford Swan Investment Counsel LLC Acquires New Holdings in iShares Global Tech ETF $IXN

Clifford Swan Investment Counsel LLC acquired a new stake in shares of iShares Global Tech ETF (NYSEARCA:IXN) during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 2,427 shares of the company’s stock, valued at approximately $224,000.

Other institutional investors also recently bought and sold shares of the company. Raleigh Capital Management Inc. increased its holdings in iShares Global Tech ETF by 160.2% during the second quarter. Raleigh Capital Management Inc. now owns 281 shares of the company’s stock valued at $26,000 after buying an additional 173 shares during the period. SOA Wealth Advisors LLC. purchased a new position in iShares Global Tech ETF during the second quarter valued at approximately $30,000. Harbor Asset Planning Inc. purchased a new position in iShares Global Tech ETF during the second quarter valued at approximately $40,000. Richards Merrill & Peterson Inc. purchased a new position in iShares Global Tech ETF during the first quarter valued at approximately $34,000. Finally, Tradewinds Capital Management LLC purchased a new position in iShares Global Tech ETF during the first quarter valued at approximately $36,000.

iShares Global Tech ETF Stock Up 1.0%

Shares of IXN stock opened at $105.98 on Friday. The firm has a market cap of $6.45 billion, a price-to-earnings ratio of 34.73 and a beta of 1.15. The company’s 50 day moving average is $100.48 and its 200 day moving average is $91.07. iShares Global Tech ETF has a 52-week low of $63.58 and a 52-week high of $106.70.

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.