Traub Capital Management LLC Purchases Shares of 1,860 iShares Global Tech ETF $IXN

Traub Capital Management LLC acquired a new stake in iShares Global Tech ETF (NYSEARCA:IXN) during the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund acquired 1,860 shares of the company’s stock, valued at approximately $172,000.

Several other hedge funds and other institutional investors have also modified their holdings of the stock. Brighton Jones LLC boosted its holdings in shares of iShares Global Tech ETF by 16.7% during the fourth quarter. Brighton Jones LLC now owns 4,390 shares of the company’s stock worth $372,000 after acquiring an additional 627 shares during the period. PFG Advisors lifted its holdings in iShares Global Tech ETF by 3.5% during the 1st quarter. PFG Advisors now owns 5,425 shares of the company’s stock worth $411,000 after purchasing an additional 184 shares during the last quarter. Y Intercept Hong Kong Ltd bought a new stake in iShares Global Tech ETF in the 1st quarter valued at $361,000. Carnegie Investment Counsel grew its holdings in iShares Global Tech ETF by 1.9% in the 1st quarter. Carnegie Investment Counsel now owns 22,743 shares of the company’s stock valued at $1,723,000 after buying an additional 427 shares in the last quarter. Finally, Cetera Investment Advisers grew its holdings in iShares Global Tech ETF by 19.8% in the 1st quarter. Cetera Investment Advisers now owns 148,986 shares of the company’s stock valued at $11,284,000 after buying an additional 24,659 shares in the last quarter.

iShares Global Tech ETF Stock Performance

IXN opened at $102.98 on Thursday. iShares Global Tech ETF has a fifty-two week low of $63.58 and a fifty-two week high of $112.78. The company has a market capitalization of $6.30 billion, a P/E ratio of 34.73 and a beta of 1.24. The stock has a fifty day moving average of $104.87 and a 200-day moving average of $95.88.

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.