Mirae Asset Global Investments Co. Ltd. purchased a new stake in iShares Global Tech ETF (NYSEARCA:IXN – Free Report) in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm purchased 134,032 shares of the company’s stock, valued at approximately $19,866,000. Mirae Asset Global Investments Co. Ltd. owned 0.20% of iShares Global Tech ETF as of its most recent SEC filing.
A number of other institutional investors have also recently bought and sold shares of IXN. Parallel Advisors LLC grew its position in iShares Global Tech ETF by 1.6% during the 1st quarter. Parallel Advisors LLC now owns 290,773 shares of the company’s stock worth $29,069,000 after purchasing an additional 4,609 shares in the last quarter. Envestnet Asset Management Inc. lifted its holdings in shares of iShares Global Tech ETF by 1.0% in the second quarter. Envestnet Asset Management Inc. now owns 210,313 shares of the company’s stock valued at $30,386,000 after purchasing an additional 2,051 shares in the last quarter. Cetera Investment Advisers lifted its holdings in shares of iShares Global Tech ETF by 0.7% in the first quarter. Cetera Investment Advisers now owns 169,052 shares of the company’s stock valued at $16,900,000 after purchasing an additional 1,109 shares in the last quarter. NFSG Corp boosted its position in shares of iShares Global Tech ETF by 5.8% in the third quarter. NFSG Corp now owns 109,682 shares of the company’s stock worth $16,257,000 after buying an additional 6,052 shares during the period. Finally, Rathbones Group PLC boosted its position in shares of iShares Global Tech ETF by 1.1% in the first quarter. Rathbones Group PLC now owns 100,850 shares of the company’s stock worth $10,082,000 after buying an additional 1,049 shares during the period.
iShares Global Tech ETF Trading Down 2.4%
Shares of IXN stock opened at $131.48 on Tuesday. The company has a market capitalization of $8.66 billion, a price-to-earnings ratio of 34.73 and a beta of 1.37. iShares Global Tech ETF has a 1-year low of $95.11 and a 1-year high of $154.04. The stock’s fifty day simple moving average is $143.19 and its 200-day simple moving average is $127.92.
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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