US Bancorp DE grew its stake in iShares Global Tech ETF (NYSEARCA:IXN – Free Report) by 14.5% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 17,812 shares of the company’s stock after buying an additional 2,256 shares during the period. US Bancorp DE’s holdings in iShares Global Tech ETF were worth $1,645,000 at the end of the most recent reporting period.
Several other large investors have also modified their holdings of the stock. SteelPeak Wealth LLC acquired a new position in shares of iShares Global Tech ETF in the 2nd quarter valued at $200,000. Next Level Wealth Planning LLC acquired a new position in shares of iShares Global Tech ETF in the 2nd quarter valued at $284,000. Grimes & Company Inc. acquired a new position in shares of iShares Global Tech ETF in the 2nd quarter valued at $238,000. Cardinal Strategic Wealth Guidance boosted its holdings in shares of iShares Global Tech ETF by 7.6% in the 2nd quarter. Cardinal Strategic Wealth Guidance now owns 88,463 shares of the company’s stock valued at $8,169,000 after buying an additional 6,281 shares in the last quarter. Finally, Flagship Private Wealth LLC boosted its holdings in shares of iShares Global Tech ETF by 1.3% in the 2nd quarter. Flagship Private Wealth LLC now owns 50,808 shares of the company’s stock valued at $4,692,000 after buying an additional 635 shares in the last quarter.
iShares Global Tech ETF Price Performance
Shares of NYSEARCA:IXN opened at $104.72 on Friday. The stock has a market cap of $6.40 billion, a P/E ratio of 34.73 and a beta of 1.15. The firm has a fifty day moving average price of $99.70 and a 200 day moving average price of $89.91. iShares Global Tech ETF has a 1-year low of $63.58 and a 1-year high of $106.70.
About iShares Global Tech ETF
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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