Stifel Financial Corp cut its holdings in shares of iShares Global Tech ETF (NYSEARCA:IXN – Free Report) by 1.6% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 60,565 shares of the company’s stock after selling 990 shares during the quarter. Stifel Financial Corp’s holdings in iShares Global Tech ETF were worth $4,999,000 as of its most recent filing with the Securities and Exchange Commission.
Other hedge funds and other institutional investors have also recently modified their holdings of the company. Wealth Enhancement Advisory Services LLC increased its stake in iShares Global Tech ETF by 7.8% during the second quarter. Wealth Enhancement Advisory Services LLC now owns 55,022 shares of the company’s stock worth $4,557,000 after purchasing an additional 3,989 shares during the period. Raymond James & Associates increased its stake in iShares Global Tech ETF by 1.4% during the 2nd quarter. Raymond James & Associates now owns 103,962 shares of the company’s stock worth $8,610,000 after buying an additional 1,475 shares during the period. Flagship Private Wealth LLC lifted its holdings in iShares Global Tech ETF by 3.9% during the 2nd quarter. Flagship Private Wealth LLC now owns 50,184 shares of the company’s stock worth $4,156,000 after buying an additional 1,874 shares in the last quarter. Concourse Financial Group Securities Inc. boosted its position in iShares Global Tech ETF by 14.0% in the 2nd quarter. Concourse Financial Group Securities Inc. now owns 1,692 shares of the company’s stock valued at $140,000 after buying an additional 208 shares during the period. Finally, JB Capital LLC grew its stake in shares of iShares Global Tech ETF by 10.5% in the second quarter. JB Capital LLC now owns 4,219 shares of the company’s stock worth $349,000 after acquiring an additional 402 shares in the last quarter.
iShares Global Tech ETF Price Performance
IXN stock opened at $86.85 on Friday. The business’s 50-day moving average is $83.71 and its two-hundred day moving average is $81.91. The firm has a market capitalization of $5.18 billion, a P/E ratio of 34.17 and a beta of 1.37. iShares Global Tech ETF has a 1 year low of $64.93 and a 1 year high of $88.10.
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.
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