Montis Financial LLC Takes Position in iShares Global Tech ETF $IXN

Montis Financial LLC bought a new position in iShares Global Tech ETF (NYSEARCA:IXN) in the third quarter, according to the company in its most recent filing with the SEC. The fund bought 19,605 shares of the company’s stock, valued at approximately $2,023,000.

Several other hedge funds and other institutional investors also recently bought and sold shares of IXN. Raleigh Capital Management Inc. lifted its position in iShares Global Tech ETF by 160.2% in the second quarter. Raleigh Capital Management Inc. now owns 281 shares of the company’s stock worth $26,000 after buying an additional 173 shares during the last quarter. SOA Wealth Advisors LLC. purchased a new stake in shares of iShares Global Tech ETF in the second quarter valued at $30,000. West Branch Capital LLC bought a new stake in shares of iShares Global Tech ETF in the 3rd quarter worth about $36,000. Manning & Napier Advisors LLC bought a new stake in shares of iShares Global Tech ETF in the 3rd quarter worth about $39,000. Finally, Harbor Asset Planning Inc. bought a new position in iShares Global Tech ETF during the 2nd quarter valued at about $40,000.

iShares Global Tech ETF Price Performance

Shares of NYSEARCA IXN opened at $107.32 on Friday. The company has a market cap of $6.77 billion, a P/E ratio of 34.73 and a beta of 1.24. iShares Global Tech ETF has a 1 year low of $63.58 and a 1 year high of $112.78. The firm has a 50-day simple moving average of $105.26 and a two-hundred day simple moving average of $101.45.

About iShares Global Tech ETF

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.