Parallel Advisors LLC Purchases 2,688 Shares of iShares Global Tech ETF (NYSEARCA:IXN)

Parallel Advisors LLC raised its holdings in shares of iShares Global Tech ETF (NYSEARCA:IXN) by 1.1% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 257,711 shares of the company’s stock after acquiring an additional 2,688 shares during the period. iShares Global Tech ETF comprises approximately 0.5% of Parallel Advisors LLC’s portfolio, making the stock its 26th biggest holding. Parallel Advisors LLC owned about 0.43% of iShares Global Tech ETF worth $21,344,000 at the end of the most recent quarter.

Other large investors have also recently made changes to their positions in the company. Rothschild Investment LLC purchased a new position in shares of iShares Global Tech ETF in the second quarter worth about $26,000. LifeSteps Financial Inc. purchased a new position in iShares Global Tech ETF in the 1st quarter worth approximately $33,000. Jones Financial Companies Lllp bought a new stake in iShares Global Tech ETF in the fourth quarter valued at approximately $45,000. Mather Group LLC. purchased a new stake in shares of iShares Global Tech ETF during the first quarter valued at approximately $60,000. Finally, ORG Partners LLC purchased a new stake in shares of iShares Global Tech ETF during the second quarter valued at approximately $60,000.

iShares Global Tech ETF Stock Up 0.5 %

Shares of NYSEARCA IXN opened at $80.71 on Friday. The firm’s fifty day moving average is $80.31 and its 200 day moving average is $77.69. iShares Global Tech ETF has a 52 week low of $56.30 and a 52 week high of $88.10. The company has a market cap of $4.81 billion, a price-to-earnings ratio of 34.17 and a beta of 1.37.

iShares Global Tech ETF 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.