Marin Bay Wealth Advisors LLC Takes $370,000 Position in iShares Global Tech ETF $IXN

Marin Bay Wealth Advisors LLC acquired a new position in shares of iShares Global Tech ETF (NYSEARCA:IXN) in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 3,698 shares of the company’s stock, valued at approximately $370,000.

Several other institutional investors have also made changes to their positions in the business. Brighton Jones LLC increased its stake in iShares Global Tech ETF by 16.7% in the fourth quarter. Brighton Jones LLC now owns 4,390 shares of the company’s stock valued at $372,000 after acquiring an additional 627 shares during the period. Marshall Wace LLP acquired a new position in iShares Global Tech ETF in the second quarter worth about $791,000. Gamco Investors INC. ET AL bought a new position in iShares Global Tech ETF during the second quarter worth about $554,000. NewEdge Advisors LLC lifted its stake in iShares Global Tech ETF by 0.6% during the second quarter. NewEdge Advisors LLC now owns 50,193 shares of the company’s stock worth $4,635,000 after purchasing an additional 306 shares during the period. Finally, DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main lifted its stake in iShares Global Tech ETF by 14,762.6% during the second quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main now owns 326,382 shares of the company’s stock worth $30,138,000 after purchasing an additional 324,186 shares during the period.

iShares Global Tech ETF Trading Up 3.1%

NYSEARCA IXN opened at $137.09 on Wednesday. iShares Global Tech ETF has a 1-year low of $93.27 and a 1-year high of $149.83. The company has a market capitalization of $8.97 billion, a price-to-earnings ratio of 34.73 and a beta of 1.36. The stock’s 50 day moving average is $138.88 and its two-hundred day moving average is $119.40.

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.