Bessemer Group Inc. grew its position in iShares Global Tech ETF (NYSEARCA:IXN – Free Report) by 36.3% during the 1st quarter, according to the company in its most recent disclosure with the SEC. The firm owned 16,518 shares of the company’s stock after purchasing an additional 4,403 shares during the period. Bessemer Group Inc.’s holdings in iShares Global Tech ETF were worth $1,652,000 at the end of the most recent reporting period.
A number of other hedge funds and other institutional investors also recently made changes to their positions in the company. Continuum Advisory LLC increased its position in shares of iShares Global Tech ETF by 2.3% in the 4th quarter. Continuum Advisory LLC now owns 4,209 shares of the company’s stock valued at $442,000 after buying an additional 94 shares in the last quarter. Oppenheimer & Co. Inc. lifted its holdings in iShares Global Tech ETF by 2.0% during the fourth quarter. Oppenheimer & Co. Inc. now owns 5,088 shares of the company’s stock worth $534,000 after acquiring an additional 98 shares in the last quarter. Balance Wealth LLC lifted its holdings in iShares Global Tech ETF by 0.6% during the first quarter. Balance Wealth LLC now owns 15,923 shares of the company’s stock worth $1,592,000 after acquiring an additional 99 shares in the last quarter. Columbus Macro LLC grew its stake in iShares Global Tech ETF by 0.6% in the first quarter. Columbus Macro LLC now owns 18,339 shares of the company’s stock valued at $1,833,000 after acquiring an additional 109 shares during the period. Finally, Mountain Capital Investment Advisors Inc. grew its stake in iShares Global Tech ETF by 2.7% in the fourth quarter. Mountain Capital Investment Advisors Inc. now owns 4,641 shares of the company’s stock valued at $498,000 after acquiring an additional 124 shares during the period.
iShares Global Tech ETF Price Performance
Shares of iShares Global Tech ETF stock opened at $136.82 on Thursday. The company has a market capitalization of $8.95 billion, a P/E ratio of 34.73 and a beta of 1.36. The business has a 50-day moving average of $138.95 and a two-hundred day moving average of $119.63. iShares Global Tech ETF has a 1 year low of $93.27 and a 1 year high of $149.83.
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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