iShares Global Tech ETF $IXN Stock: International Assets Investment Management LLC Raises Stake

International Assets Investment Management LLC lifted its stake in shares of iShares Global Tech ETF (NYSEARCA:IXN) by 2,943.1% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 65,000 shares of the company’s stock after acquiring an additional 62,864 shares during the quarter. International Assets Investment Management LLC’s holdings in iShares Global Tech ETF were worth $9,634,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Tucker Asset Management LLC raised its holdings in iShares Global Tech ETF by 25.2% during the 2nd quarter. Tucker Asset Management LLC now owns 393 shares of the company’s stock worth $57,000 after purchasing an additional 79 shares during the last quarter. Sequoia Financial Advisors LLC boosted its stake in shares of iShares Global Tech ETF by 3.7% in the 1st quarter. Sequoia Financial Advisors LLC now owns 3,846 shares of the company’s stock valued at $384,000 after purchasing an additional 138 shares during the last quarter. Centaurus Financial Inc. boosted its stake in shares of iShares Global Tech ETF by 8.6% in the 1st quarter. Centaurus Financial Inc. now owns 1,759 shares of the company’s stock valued at $176,000 after purchasing an additional 140 shares during the last quarter. Allworth Financial LP increased its position in shares of iShares Global Tech ETF by 12.1% during the second quarter. Allworth Financial LP now owns 1,315 shares of the company’s stock worth $190,000 after buying an additional 142 shares during the period. Finally, Arkadios Wealth Advisors increased its position in shares of iShares Global Tech ETF by 3.0% during the first quarter. Arkadios Wealth Advisors now owns 5,539 shares of the company’s stock worth $554,000 after buying an additional 160 shares during the period.

iShares Global Tech ETF Stock Down 5.1%

IXN opened at $134.69 on Friday. iShares Global Tech ETF has a twelve month low of $95.11 and a twelve month high of $154.04. The company has a fifty day moving average of $143.35 and a 200-day moving average of $127.80. The stock has a market cap of $8.87 billion, a PE ratio of 34.73 and a beta of 1.37.

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.