iShares Global Tech ETF $IXN Stock Holdings Increased by Northwestern Mutual Wealth Management Co.

Northwestern Mutual Wealth Management Co. increased its holdings in iShares Global Tech ETF (NYSEARCA:IXN) by 202.2% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 189,182 shares of the company’s stock after purchasing an additional 126,580 shares during the quarter. Northwestern Mutual Wealth Management Co. owned 0.31% of iShares Global Tech ETF worth $19,864,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Flagship Harbor Advisors LLC bought a new stake in shares of iShares Global Tech ETF in the 4th quarter worth approximately $25,000. Larson Financial Group LLC bought a new stake in shares of iShares Global Tech ETF in the 3rd quarter worth approximately $28,000. Triumph Capital Management bought a new stake in shares of iShares Global Tech ETF in the 3rd quarter worth approximately $54,000. Capital Investment Counsel Inc bought a new stake in shares of iShares Global Tech ETF in the 4th quarter worth approximately $60,000. Finally, Allworth Financial LP raised its holdings in shares of iShares Global Tech ETF by 317.4% in the 3rd quarter. Allworth Financial LP now owns 814 shares of the company’s stock worth $84,000 after purchasing an additional 619 shares in the last quarter.

iShares Global Tech ETF Price Performance

NYSEARCA IXN opened at $129.91 on Wednesday. The company’s 50 day simple moving average is $113.11 and its 200 day simple moving average is $108.56. iShares Global Tech ETF has a 12 month low of $82.11 and a 12 month high of $135.70. The company has a market capitalization of $8.45 billion, a P/E ratio of 34.73 and a beta of 1.32.

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.