iShares Global Tech ETF (NYSEARCA:IXN) Shares Purchased by CIBC Private Wealth Group LLC

CIBC Private Wealth Group LLC raised its stake in iShares Global Tech ETF (NYSEARCA:IXN) by 21.6% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 4,399 shares of the company’s stock after acquiring an additional 780 shares during the period. CIBC Private Wealth Group LLC’s holdings in iShares Global Tech ETF were worth $377,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently bought and sold shares of IXN. Maridea Wealth Management LLC acquired a new stake in shares of iShares Global Tech ETF in the 4th quarter worth about $1,474,000. Pictet Asset Management Holding SA grew its position in iShares Global Tech ETF by 8.4% in the 4th quarter. Pictet Asset Management Holding SA now owns 130,900 shares of the company’s stock worth $11,094,000 after purchasing an additional 10,100 shares during the last quarter. Howe & Rusling Inc. increased its stake in shares of iShares Global Tech ETF by 311.4% in the fourth quarter. Howe & Rusling Inc. now owns 683 shares of the company’s stock valued at $58,000 after purchasing an additional 517 shares during the period. Signature Estate & Investment Advisors LLC raised its holdings in shares of iShares Global Tech ETF by 1.0% during the fourth quarter. Signature Estate & Investment Advisors LLC now owns 74,910 shares of the company’s stock valued at $6,349,000 after buying an additional 711 shares during the last quarter. Finally, TIAA Trust National Association boosted its position in shares of iShares Global Tech ETF by 5.4% during the fourth quarter. TIAA Trust National Association now owns 4,186 shares of the company’s stock worth $355,000 after buying an additional 214 shares during the period.

iShares Global Tech ETF Price Performance

IXN opened at $67.24 on Friday. The stock’s 50 day moving average price is $81.32 and its 200 day moving average price is $83.13. The stock has a market cap of $4.10 billion, a P/E ratio of 32.70 and a beta of 1.15. iShares Global Tech ETF has a 12 month low of $67.18 and a 12 month high of $88.62.

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.