iShares Global Tech ETF $IXN Stock: Pictet Asset Management Holding SA Boosts Holdings

Pictet Asset Management Holding SA grew its stake in iShares Global Tech ETF (NYSEARCA:IXN) by 45.1% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 1,032,080 shares of the company’s stock after purchasing an additional 320,610 shares during the period. Pictet Asset Management Holding SA’s holdings in iShares Global Tech ETF were worth $152,766,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently made changes to their positions in the stock. W.G. Shaheen & Associates DBA Whitney & Co bought a new position in iShares Global Tech ETF in the 3rd quarter valued at approximately $371,000. United Advisor Group LLC boosted its position in iShares Global Tech ETF by 11.0% in the third quarter. United Advisor Group LLC now owns 3,711 shares of the company’s stock valued at $550,000 after buying an additional 367 shares in the last quarter. Alps Advisors Inc. bought a new stake in shares of iShares Global Tech ETF during the third quarter worth $1,910,000. Burke & Herbert Bank & Trust Co. bought a new stake in shares of iShares Global Tech ETF during the third quarter worth $3,576,000. Finally, Kestra Advisory Services LLC grew its stake in shares of iShares Global Tech ETF by 10.4% during the third quarter. Kestra Advisory Services LLC now owns 48,694 shares of the company’s stock worth $7,217,000 after buying an additional 4,597 shares during the last quarter.

iShares Global Tech ETF Stock Performance

Shares of NYSEARCA:IXN opened at $123.58 on Monday. The company has a fifty day moving average of $142.27 and a 200-day moving average of $128.34. The company has a market capitalization of $8.16 billion, a PE ratio of 23.15 and a beta of 1.40. iShares Global Tech ETF has a 52-week low of $95.11 and a 52-week high of $154.04.

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.