Montecito Bank & Trust Purchases New Stake in iShares Global Tech ETF $IXN

Montecito Bank & Trust acquired a new position in shares of iShares Global Tech ETF (NYSEARCA:IXN) in the 3rd quarter, Holdings Channel.com reports. The firm acquired 8,321 shares of the company’s stock, valued at approximately $859,000.

A number of other large investors also recently added to or reduced their stakes in the business. Atlantic Union Bankshares Corp bought a new stake in shares of iShares Global Tech ETF during the second quarter worth approximately $2,558,000. Norden Group LLC acquired a new stake in iShares Global Tech ETF during the 2nd quarter worth $211,000. Focus Financial Network Inc. bought a new stake in shares of iShares Global Tech ETF during the 2nd quarter valued at $253,000. B. Riley Wealth Advisors Inc. acquired a new position in shares of iShares Global Tech ETF in the 2nd quarter valued at $632,000. Finally, Janney Montgomery Scott LLC boosted its position in shares of iShares Global Tech ETF by 2.3% in the 2nd quarter. Janney Montgomery Scott LLC now owns 36,824 shares of the company’s stock worth $3,400,000 after purchasing an additional 844 shares during the last quarter.

iShares Global Tech ETF Stock Up 1.7%

Shares of iShares Global Tech ETF stock opened at $102.27 on Friday. iShares Global Tech ETF has a 12 month low of $63.58 and a 12 month high of $112.78. The business has a fifty day simple moving average of $105.60 and a 200 day simple moving average of $98.89. The stock has a market cap of $6.26 billion, a PE ratio of 34.73 and a beta of 1.24.

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.