iShares Global Tech ETF $IXN Shares Bought by Parallel Advisors LLC

Parallel Advisors LLC raised its stake in iShares Global Tech ETF (NYSEARCA:IXN) by 1.4% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 286,164 shares of the company’s stock after purchasing an additional 3,990 shares during the quarter. Parallel Advisors LLC’s holdings in iShares Global Tech ETF were worth $30,047,000 at the end of the most recent quarter.

Other large investors also recently bought and sold shares of the company. Asempa Wealth Advisors acquired a new position in iShares Global Tech ETF in the fourth quarter valued at about $852,000. Newbridge Financial Services Group Inc. lifted its position in iShares Global Tech ETF by 10.8% in the fourth quarter. Newbridge Financial Services Group Inc. now owns 99,153 shares of the company’s stock valued at $10,411,000 after buying an additional 9,677 shares during the last quarter. Wedbush Securities Inc. lifted its position in iShares Global Tech ETF by 173.4% in the third quarter. Wedbush Securities Inc. now owns 8,393 shares of the company’s stock valued at $866,000 after buying an additional 5,323 shares during the last quarter. Farther Finance Advisors LLC lifted its position in iShares Global Tech ETF by 700.6% in the fourth quarter. Farther Finance Advisors LLC now owns 16,204 shares of the company’s stock valued at $1,701,000 after buying an additional 14,180 shares during the last quarter. Finally, Blue Trust Inc. lifted its position in shares of iShares Global Tech ETF by 541.5% during the fourth quarter. Blue Trust Inc. now owns 32,037 shares of the company’s stock worth $3,364,000 after purchasing an additional 27,043 shares in the last quarter.

iShares Global Tech ETF Stock Performance

Shares of IXN opened at $145.97 on Friday. The stock has a market capitalization of $9.50 billion, a PE ratio of 34.73 and a beta of 1.36. iShares Global Tech ETF has a 1 year low of $85.74 and a 1 year high of $149.83. The company’s 50-day simple moving average is $122.01 and its 200-day simple moving average is $111.38.

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.