Financial Perspectives Inc Increases Stock Holdings in iShares Global Tech ETF (NYSEARCA:IXN)

Financial Perspectives Inc grew its stake in iShares Global Tech ETF (NYSEARCA:IXN) by 34.1% in the 1st quarter, according to its most recent filing with the SEC. The firm owned 2,500 shares of the company’s stock after buying an additional 636 shares during the quarter. Financial Perspectives Inc’s holdings in iShares Global Tech ETF were worth $189,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Synergy Investment Management LLC purchased a new position in shares of iShares Global Tech ETF in the 4th quarter valued at about $25,000. Halbert Hargrove Global Advisors LLC purchased a new position in shares of iShares Global Tech ETF in the 4th quarter valued at about $44,000. Flagship Wealth Advisors LLC purchased a new position in shares of iShares Global Tech ETF in the 4th quarter valued at about $45,000. VSM Wealth Advisory LLC purchased a new position in shares of iShares Global Tech ETF in the 4th quarter valued at about $50,000. Finally, Howe & Rusling Inc. boosted its stake in shares of iShares Global Tech ETF by 311.4% in the 4th quarter. Howe & Rusling Inc. now owns 683 shares of the company’s stock valued at $58,000 after buying an additional 517 shares during the period.

iShares Global Tech ETF Stock Down 0.8%

IXN stock opened at $87.13 on Wednesday. The business has a 50 day moving average price of $80.68 and a 200 day moving average price of $81.99. The stock has a market cap of $5.19 billion, a price-to-earnings ratio of 32.98 and a beta of 1.23. iShares Global Tech ETF has a fifty-two week low of $63.58 and a fifty-two week high of $88.62.

iShares Global Tech ETF 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.