Royal Bank of Canada lowered its position in shares of iShares Global Tech ETF (NYSEARCA:IXN – Free Report) by 6.0% in the first quarter, HoldingsChannel.com reports. The fund owned 887,977 shares of the company’s stock after selling 56,568 shares during the quarter. Royal Bank of Canada’s holdings in iShares Global Tech ETF were worth $88,771,000 as of its most recent filing with the SEC.
Several other large investors have also added to or reduced their stakes in IXN. Flagship Harbor Advisors LLC purchased a new stake in iShares Global Tech ETF in the fourth quarter valued at $25,000. Tucker Asset Management LLC acquired a new stake in iShares Global Tech ETF during the 4th quarter worth about $28,000. Bayban purchased a new position in shares of iShares Global Tech ETF during the 1st quarter valued at about $28,000. Larson Financial Group LLC purchased a new position in shares of iShares Global Tech ETF during the 3rd quarter valued at about $28,000. Finally, Mcguire Capital Advisors Inc. acquired a new position in shares of iShares Global Tech ETF in the 4th quarter valued at about $28,000.
iShares Global Tech ETF Price Performance
NYSEARCA:IXN opened at $132.68 on Friday. The company has a 50 day moving average price of $138.74 and a 200-day moving average price of $120.74. iShares Global Tech ETF has a 1-year low of $93.27 and a 1-year high of $149.83. The firm has a market cap of $8.32 billion, a price-to-earnings 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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