Private Advisor Group LLC Grows Stock Holdings in iShares Global Tech ETF (NYSEARCA:IXN)

Private Advisor Group LLC grew its holdings in iShares Global Tech ETF (NYSEARCA:IXN) by 11.6% during the fourth quarter, HoldingsChannel reports. The firm owned 65,637 shares of the company’s stock after acquiring an additional 6,837 shares during the period. Private Advisor Group LLC’s holdings in iShares Global Tech ETF were worth $5,563,000 at the end of the most recent reporting period.

A number of other institutional investors have also bought and sold shares of the business. Key Financial Inc raised its position in shares of iShares Global Tech ETF by 7.3% during the 4th quarter. Key Financial Inc now owns 2,438 shares of the company’s stock valued at $207,000 after buying an additional 166 shares during the period. Truist Financial Corp raised its position in shares of iShares Global Tech ETF by 4.5% during the 4th quarter. Truist Financial Corp now owns 35,755 shares of the company’s stock valued at $3,030,000 after buying an additional 1,556 shares during the period. Principal Securities Inc. increased its holdings in iShares Global Tech ETF by 15.7% in the 4th quarter. Principal Securities Inc. now owns 2,595 shares of the company’s stock valued at $220,000 after purchasing an additional 352 shares during the last quarter. Blue Trust Inc. increased its holdings in iShares Global Tech ETF by 164.8% in the 4th quarter. Blue Trust Inc. now owns 10,591 shares of the company’s stock valued at $898,000 after purchasing an additional 6,591 shares during the last quarter. Finally, Marks Group Wealth Management Inc increased its holdings in iShares Global Tech ETF by 3.1% in the 4th quarter. Marks Group Wealth Management Inc now owns 47,164 shares of the company’s stock valued at $3,997,000 after purchasing an additional 1,424 shares during the last quarter.

iShares Global Tech ETF Stock Performance

iShares Global Tech ETF stock opened at $86.12 on Friday. iShares Global Tech ETF has a fifty-two week low of $68.53 and a fifty-two week high of $88.62. The firm has a 50 day moving average price of $85.70 and a 200 day moving average price of $83.27. The company has a market capitalization of $5.35 billion, a PE ratio of 37.10 and a beta of 1.13.

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.