iShares Global Tech ETF (NYSEARCA:IXN) Short Interest Update

iShares Global Tech ETF (NYSEARCA:IXN) was the target of a large growth in short interest during the month of February. As of February 27th, there was short interest totaling 748,542 shares, a growth of 34.4% from the February 12th total of 556,793 shares. Based on an average trading volume of 236,073 shares, the days-to-cover ratio is currently 3.2 days. Currently, 1.2% of the shares of the company are sold short. Currently, 1.2% of the shares of the company are sold short. Based on an average trading volume of 236,073 shares, the days-to-cover ratio is currently 3.2 days.

Institutional Investors Weigh In On iShares Global Tech ETF

A number of institutional investors have recently modified their holdings of IXN. Continuum Advisory LLC boosted its stake in iShares Global Tech ETF by 2.3% in the fourth quarter. Continuum Advisory LLC now owns 4,209 shares of the company’s stock valued at $442,000 after acquiring an additional 94 shares during the period. NorthCrest Asset Manangement LLC raised its position in shares of iShares Global Tech ETF by 2.0% during the 3rd quarter. NorthCrest Asset Manangement LLC now owns 4,770 shares of the company’s stock worth $500,000 after purchasing an additional 95 shares during the period. Oppenheimer & Co. Inc. lifted its holdings in shares of iShares Global Tech ETF by 2.0% in the 4th quarter. Oppenheimer & Co. Inc. now owns 5,088 shares of the company’s stock worth $534,000 after purchasing an additional 98 shares during the last quarter. PNC Financial Services Group Inc. boosted its position in iShares Global Tech ETF by 0.9% during the 2nd quarter. PNC Financial Services Group Inc. now owns 13,498 shares of the company’s stock valued at $1,246,000 after purchasing an additional 115 shares during the period. Finally, MGO One Seven LLC grew its stake in iShares Global Tech ETF by 1.3% during the 3rd quarter. MGO One Seven LLC now owns 9,559 shares of the company’s stock worth $987,000 after buying an additional 121 shares during the last quarter.

iShares Global Tech ETF Price Performance

Shares of IXN opened at $104.88 on Tuesday. The stock has a market capitalization of $6.39 billion, a PE ratio of 34.73 and a beta of 1.24. The business’s fifty day moving average price is $106.58 and its 200 day moving average price is $104.88. iShares Global Tech ETF has a 12-month low of $63.58 and a 12-month high of $112.78.

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.