iShares Global Tech ETF (NYSEARCA:IXN) Shares Purchased by U.S. Capital Wealth Advisors LLC

U.S. Capital Wealth Advisors LLC increased its stake in iShares Global Tech ETF (NYSEARCA:IXN) by 80.9% in the 2nd quarter, HoldingsChannel reports. The fund owned 22,752 shares of the company’s stock after acquiring an additional 10,173 shares during the period. U.S. Capital Wealth Advisors LLC’s holdings in iShares Global Tech ETF were worth $1,884,000 at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in the stock. Howe & Rusling Inc. acquired a new stake in shares of iShares Global Tech ETF during the 4th quarter valued at $25,000. LifeSteps Financial Inc. purchased a new position in iShares Global Tech ETF in the 1st quarter worth about $33,000. Jones Financial Companies Lllp acquired a new stake in iShares Global Tech ETF during the 4th quarter worth about $45,000. ORG Partners LLC acquired a new position in shares of iShares Global Tech ETF in the fourth quarter worth about $49,000. Finally, Mather Group LLC. purchased a new position in shares of iShares Global Tech ETF in the first quarter worth approximately $60,000.

iShares Global Tech ETF Stock Up 0.5 %

Shares of IXN stock traded up $0.39 during trading hours on Friday, reaching $76.04. 122,895 shares of the stock traded hands, compared to its average volume of 282,224. The business has a fifty day moving average price of $81.49 and a 200 day moving average price of $76.30. iShares Global Tech ETF has a 1-year low of $56.30 and a 1-year high of $88.10. The firm has a market capitalization of $4.54 billion, a PE ratio of 34.17 and a beta of 1.37.

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.