Parallel Advisors LLC grew its stake in shares of iShares Global Tech ETF (NYSEARCA:IXN – Free Report) by 1.6% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 290,773 shares of the company’s stock after acquiring an additional 4,609 shares during the quarter. Parallel Advisors LLC owned about 0.45% of iShares Global Tech ETF worth $29,069,000 at the end of the most recent quarter.
Several other large investors have also modified their holdings of the stock. Fisher Asset Management LLC boosted its position in shares of iShares Global Tech ETF by 1.9% in the fourth quarter. Fisher Asset Management LLC now owns 3,053,228 shares of the company’s stock worth $320,589,000 after acquiring an additional 57,560 shares during the last quarter. Bank of America Corp DE increased its position in iShares Global Tech ETF by 0.8% during the third quarter. Bank of America Corp DE now owns 2,418,337 shares of the company’s stock worth $249,597,000 after purchasing an additional 19,522 shares during the last quarter. Pictet Asset Management Holding SA increased its position in iShares Global Tech ETF by 64.2% during the first quarter. Pictet Asset Management Holding SA now owns 1,152,840 shares of the company’s stock worth $110,396,000 after purchasing an additional 450,580 shares during the last quarter. LPL Financial LLC increased its position in iShares Global Tech ETF by 4.8% during the fourth quarter. LPL Financial LLC now owns 954,811 shares of the company’s stock worth $100,255,000 after purchasing an additional 43,586 shares during the last quarter. Finally, Royal Bank of Canada raised its stake in iShares Global Tech ETF by 10.8% during the fourth quarter. Royal Bank of Canada now owns 944,545 shares of the company’s stock worth $99,177,000 after purchasing an additional 92,222 shares during the period.
iShares Global Tech ETF Price Performance
Shares of IXN opened at $132.62 on Monday. The firm has a market cap of $8.67 billion, a PE ratio of 34.73 and a beta of 1.36. The company’s fifty day moving average is $138.79 and its two-hundred day moving average is $118.99. iShares Global Tech ETF has a fifty-two week low of $93.27 and a fifty-two week high of $149.83.
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.
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