New Insight Wealth Advisors Acquires 6,927 Shares of iShares Global Tech ETF (NYSEARCA:IXN)

New Insight Wealth Advisors increased its stake in iShares Global Tech ETF (NYSEARCA:IXN) by 9.6% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 78,759 shares of the company’s stock after purchasing an additional 6,927 shares during the quarter. iShares Global Tech ETF comprises about 3.3% of New Insight Wealth Advisors’ portfolio, making the stock its 9th biggest holding. New Insight Wealth Advisors’ holdings in iShares Global Tech ETF were worth $6,675,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. Synergy Investment Management LLC acquired a new position in shares of iShares Global Tech ETF during the 4th quarter valued at $25,000. RPg Family Wealth Advisory LLC bought a new position in iShares Global Tech ETF during the third quarter valued at about $28,000. Hager Investment Management Services LLC acquired a new position in iShares Global Tech ETF during the fourth quarter worth about $33,000. Halbert Hargrove Global Advisors LLC acquired a new position in iShares Global Tech ETF during the fourth quarter worth about $44,000. Finally, Realta Investment Advisors bought a new stake in iShares Global Tech ETF in the fourth quarter worth about $52,000.

iShares Global Tech ETF Trading Up 1.6 %

NYSEARCA:IXN opened at $80.14 on Monday. The company has a 50-day moving average of $84.73 and a 200-day moving average of $83.55. iShares Global Tech ETF has a twelve month low of $68.53 and a twelve month high of $88.62. The firm has a market cap of $4.73 billion, a price-to-earnings ratio of 32.89 and a beta of 1.15.

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.