HighTower Advisors LLC Purchases 156,283 Shares of iShares Global Tech ETF $IXN

HighTower Advisors LLC grew its position in iShares Global Tech ETF (NYSEARCA:IXN) by 229.0% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 224,535 shares of the company’s stock after purchasing an additional 156,283 shares during the quarter. HighTower Advisors LLC owned approximately 0.37% of iShares Global Tech ETF worth $23,576,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also modified their holdings of the company. NorthCrest Asset Manangement LLC boosted its position in shares of iShares Global Tech ETF by 2.0% during the third quarter. NorthCrest Asset Manangement LLC now owns 4,770 shares of the company’s stock worth $500,000 after acquiring an additional 95 shares during the last quarter. Oppenheimer & Co. Inc. boosted its position in shares of 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 during the last quarter. Mountain Capital Investment Advisors Inc. boosted its position in shares of iShares Global Tech ETF by 2.7% during the fourth quarter. Mountain Capital Investment Advisors Inc. now owns 4,641 shares of the company’s stock worth $498,000 after acquiring an additional 124 shares during the last quarter. Intelligence Driven Advisers LLC boosted its position in shares of iShares Global Tech ETF by 4.0% during the third quarter. Intelligence Driven Advisers LLC now owns 3,397 shares of the company’s stock worth $351,000 after acquiring an additional 130 shares during the last quarter. Finally, Meridian Wealth Management LLC boosted its position in shares of iShares Global Tech ETF by 1.0% during the third quarter. Meridian Wealth Management LLC now owns 16,069 shares of the company’s stock worth $1,658,000 after acquiring an additional 155 shares during the last quarter.

iShares Global Tech ETF Stock Up 0.6%

iShares Global Tech ETF stock opened at $135.33 on Friday. The company has a market cap of $8.80 billion, a price-to-earnings ratio of 34.73 and a beta of 1.32. The firm’s fifty day moving average is $114.81 and its 200 day moving average is $109.07. iShares Global Tech ETF has a 52-week low of $82.11 and a 52-week high of $136.43.

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.