PFG Advisors Takes $784,000 Position in iShares Global Tech ETF $IXN

PFG Advisors purchased a new stake in shares of iShares Global Tech ETF (NYSEARCA:IXN) during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 7,591 shares of the company’s stock, valued at approximately $784,000.

Other large investors have also recently added to or reduced their stakes in the company. West Branch Capital LLC bought a new stake in iShares Global Tech ETF during the third quarter valued at $36,000. Manning & Napier Advisors LLC bought a new position in shares of iShares Global Tech ETF in the 3rd quarter worth about $39,000. Mather Group LLC. bought a new position in shares of iShares Global Tech ETF in the 3rd quarter worth about $81,000. Avalon Trust Co acquired a new position in shares of iShares Global Tech ETF in the 3rd quarter valued at about $90,000. Finally, Root Financial Partners LLC acquired a new position in shares of iShares Global Tech ETF in the 3rd quarter valued at about $113,000.

iShares Global Tech ETF Stock Up 0.6%

Shares of NYSEARCA:IXN opened at $106.23 on Thursday. The company has a market cap of $6.47 billion, a PE ratio of 34.73 and a beta of 1.24. iShares Global Tech ETF has a fifty-two week low of $63.58 and a fifty-two week high of $112.78. The firm has a 50-day simple moving average of $106.70 and a 200 day simple moving average of $104.67.

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.