Flaharty Asset Management LLC Acquires Shares of 625 iShares Global Tech ETF $IXN

Flaharty Asset Management LLC acquired a new position in iShares Global Tech ETF (NYSEARCA:IXN) in the first quarter, HoldingsChannel.com reports. The firm acquired 625 shares of the company’s stock, valued at approximately $47,000.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the business. PGIM Custom Harvest LLC grew its position in shares of iShares Global Tech ETF by 38.4% during the 1st quarter. PGIM Custom Harvest LLC now owns 1,929,209 shares of the company’s stock valued at $146,118,000 after acquiring an additional 534,897 shares during the period. Jane Street Group LLC increased its position in iShares Global Tech ETF by 298.9% in the first quarter. Jane Street Group LLC now owns 285,831 shares of the company’s stock worth $21,649,000 after buying an additional 214,181 shares in the last quarter. Virtu Financial LLC purchased a new stake in iShares Global Tech ETF in the first quarter worth about $11,995,000. Nicholson Meyer Capital Management Inc. bought a new position in shares of iShares Global Tech ETF in the first quarter worth about $6,501,000. Finally, Envestnet Asset Management Inc. lifted its position in shares of iShares Global Tech ETF by 36.1% during the 1st quarter. Envestnet Asset Management Inc. now owns 244,237 shares of the company’s stock valued at $18,499,000 after buying an additional 64,812 shares in the last quarter.

iShares Global Tech ETF Stock Up 1.8%

NYSEARCA IXN opened at $98.48 on Thursday. iShares Global Tech ETF has a twelve month low of $63.58 and a twelve month high of $99.01. The business has a 50-day moving average price of $95.51 and a 200-day moving average price of $85.71. The firm has a market cap of $5.87 billion, a price-to-earnings ratio of 34.73 and a beta of 1.15.

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.