Susquehanna International Group LLP cut its stake in shares of iShares Global Tech ETF (NYSEARCA:IXN – Free Report) by 53.0% during the 2nd quarter, according to its most recent filing with the SEC. The institutional investor owned 42,660 shares of the company’s stock after selling 48,101 shares during the period. Susquehanna International Group LLP owned approximately 0.07% of iShares Global Tech ETF worth $3,533,000 at the end of the most recent reporting period.
Other institutional investors and hedge funds have also recently bought and sold shares of the company. Mather Group LLC. acquired a new position in shares of iShares Global Tech ETF during the first quarter worth $60,000. Brookstone Capital Management lifted its holdings in iShares Global Tech ETF by 10.4% in the 1st quarter. Brookstone Capital Management now owns 4,785 shares of the company’s stock worth $358,000 after buying an additional 449 shares in the last quarter. Richardson Capital Management LLC boosted its position in iShares Global Tech ETF by 344.9% in the 1st quarter. Richardson Capital Management LLC now owns 3,679 shares of the company’s stock valued at $275,000 after buying an additional 2,852 shares during the last quarter. Johnson Investment Counsel Inc. grew its stake in shares of iShares Global Tech ETF by 0.6% during the second quarter. Johnson Investment Counsel Inc. now owns 106,625 shares of the company’s stock valued at $8,831,000 after acquiring an additional 604 shares in the last quarter. Finally, Envestnet Asset Management Inc. increased its position in shares of iShares Global Tech ETF by 8.4% during the second quarter. Envestnet Asset Management Inc. now owns 183,732 shares of the company’s stock worth $15,217,000 after acquiring an additional 14,300 shares during the last quarter.
iShares Global Tech ETF Stock Performance
NYSEARCA:IXN opened at $83.65 on Thursday. The stock has a market cap of $4.99 billion, a price-to-earnings ratio of 34.17 and a beta of 1.37. iShares Global Tech ETF has a one year low of $56.30 and a one year high of $88.10. The business’s 50-day simple moving average is $79.83 and its 200 day simple moving average is $78.61.
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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