Mascagni Wealth Management Inc. raised its stake in iShares Global Tech ETF (NYSEARCA:IXN – Free Report) by 302.6% during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 8,837 shares of the company’s stock after buying an additional 6,642 shares during the quarter. Mascagni Wealth Management Inc.’s holdings in iShares Global Tech ETF were worth $883,000 at the end of the most recent reporting period.
Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Flagship Harbor Advisors LLC purchased a new position in shares of iShares Global Tech ETF during the 4th quarter valued at $25,000. Tucker Asset Management LLC acquired a new position in shares of iShares Global Tech ETF in the fourth quarter worth $28,000. Bayban purchased a new stake in shares of iShares Global Tech ETF during the first quarter worth $28,000. Larson Financial Group LLC acquired a new stake in iShares Global Tech ETF during the third quarter valued at $28,000. Finally, Mcguire Capital Advisors Inc. acquired a new stake in iShares Global Tech ETF during the fourth quarter valued at $28,000.
iShares Global Tech ETF Price Performance
Shares of NYSEARCA IXN opened at $132.96 on Friday. iShares Global Tech ETF has a one year low of $93.27 and a one year high of $149.83. The business’s 50-day moving average price is $138.79 and its two-hundred day moving average price is $120.66. The company has a market capitalization of $8.34 billion, a P/E ratio of 34.73 and a beta of 1.36.
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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