Thrivent Financial for Lutherans Raises Stake in iShares Global Tech ETF (NYSEARCA:IXN)

Thrivent Financial for Lutherans lifted its stake in shares of iShares Global Tech ETF (NYSEARCA:IXN) by 4.1% during the 3rd quarter, Holdings Channel reports. The fund owned 162,232 shares of the company’s stock after buying an additional 6,423 shares during the quarter. Thrivent Financial for Lutherans’ holdings in iShares Global Tech ETF were worth $13,389,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Rothschild Investment LLC acquired a new position in iShares Global Tech ETF in the second quarter valued at about $26,000. ORG Partners LLC acquired a new position in iShares Global Tech ETF during the second quarter worth $60,000. Highline Wealth Partners LLC purchased a new position in shares of iShares Global Tech ETF during the third quarter worth $61,000. Family Firm Inc. acquired a new stake in shares of iShares Global Tech ETF in the second quarter valued at $95,000. Finally, Concourse Financial Group Securities Inc. boosted its holdings in iShares Global Tech ETF by 14.0% during the 2nd quarter. Concourse Financial Group Securities Inc. now owns 1,692 shares of the company’s stock valued at $140,000 after acquiring an additional 208 shares during the period.

iShares Global Tech ETF Trading Up 0.7 %

iShares Global Tech ETF stock opened at $83.15 on Friday. The firm has a market capitalization of $4.96 billion, a P/E ratio of 34.17 and a beta of 1.37. The stock’s fifty day simple moving average is $82.56 and its 200-day simple moving average is $80.84. iShares Global Tech ETF has a twelve month low of $64.31 and a twelve month high of $88.10.

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.