iShares Global Tech ETF $IXN Position Boosted by Fifth Third Bancorp

Fifth Third Bancorp increased its position in iShares Global Tech ETF (NYSEARCA:IXN) by 461.3% in the first quarter, according to its most recent disclosure with the SEC. The institutional investor owned 36,071 shares of the company’s stock after purchasing an additional 29,645 shares during the period. Fifth Third Bancorp owned 0.06% of iShares Global Tech ETF worth $3,606,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Flagship Harbor Advisors LLC bought a new position in iShares Global Tech ETF during the 4th quarter worth approximately $25,000. Tucker Asset Management LLC bought a new stake in shares of iShares Global Tech ETF in the 4th quarter valued at approximately $28,000. Bayban bought a new stake in shares of iShares Global Tech ETF in the 1st quarter valued at approximately $28,000. Larson Financial Group LLC acquired a new stake in shares of iShares Global Tech ETF during the 3rd quarter valued at approximately $28,000. Finally, Mcguire Capital Advisors Inc. acquired a new stake in shares of iShares Global Tech ETF during the 4th quarter valued at approximately $28,000.

iShares Global Tech ETF Price Performance

Shares of IXN opened at $132.62 on Monday. The stock has a market capitalization of $8.67 billion, a PE ratio of 34.73 and a beta of 1.36. The business’s fifty day moving average price is $138.79 and its 200 day moving average price is $118.99. iShares Global Tech ETF has a 12-month low of $93.27 and a 12-month high of $149.83.

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.