7,907 Shares in iShares Global Tech ETF $IXN Acquired by Catalyst Investment Management LLC

Catalyst Investment Management LLC bought a new position in shares of iShares Global Tech ETF (NYSEARCA:IXN) during the fourth quarter, HoldingsChannel.com reports. The firm bought 7,907 shares of the company’s stock, valued at approximately $830,000.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Flagship Harbor Advisors LLC purchased a new stake in shares of iShares Global Tech ETF during the fourth quarter worth $25,000. Tucker Asset Management LLC acquired a new stake in shares of iShares Global Tech ETF in the fourth quarter valued at $28,000. Larson Financial Group LLC purchased a new position in iShares Global Tech ETF in the third quarter valued at $28,000. Mcguire Capital Advisors Inc. purchased a new position in iShares Global Tech ETF in the fourth quarter valued at $28,000. Finally, EFG International AG acquired a new position in iShares Global Tech ETF during the 4th quarter worth $32,000.

iShares Global Tech ETF Price Performance

Shares of NYSEARCA IXN opened at $146.33 on Friday. The stock’s 50-day moving average is $129.81 and its two-hundred day moving average is $113.98. iShares Global Tech ETF has a 1-year low of $86.68 and a 1-year high of $149.83. The company has a market cap of $9.52 billion, a price-to-earnings ratio of 34.73 and a beta of 1.36.

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.