iShares Global Tech ETF $IXN Shares Acquired by Parallel Advisors LLC

Parallel Advisors LLC increased its position in iShares Global Tech ETF (NYSEARCA:IXN) by 1.6% in the 1st quarter, according to its most recent filing with the SEC. The fund owned 290,773 shares of the company’s stock after purchasing an additional 4,609 shares during the period. Parallel Advisors LLC owned 0.45% of iShares Global Tech ETF worth $29,069,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. Continuum Advisory LLC lifted its stake in iShares Global Tech ETF by 2.3% in the fourth quarter. Continuum Advisory LLC now owns 4,209 shares of the company’s stock valued at $442,000 after buying an additional 94 shares during the last quarter. Oppenheimer & Co. Inc. grew its position in shares of iShares Global Tech ETF by 2.0% during the fourth quarter. Oppenheimer & Co. Inc. now owns 5,088 shares of the company’s stock worth $534,000 after acquiring an additional 98 shares during the last quarter. Balance Wealth LLC grew its position in shares of iShares Global Tech ETF by 0.6% during the first quarter. Balance Wealth LLC now owns 15,923 shares of the company’s stock worth $1,592,000 after acquiring an additional 99 shares during the last quarter. Columbus Macro LLC increased its holdings in shares of iShares Global Tech ETF by 0.6% in the 1st quarter. Columbus Macro LLC now owns 18,339 shares of the company’s stock valued at $1,833,000 after acquiring an additional 109 shares during the period. Finally, Mountain Capital Investment Advisors Inc. increased its holdings in shares of iShares Global Tech ETF by 2.7% in the 4th quarter. Mountain Capital Investment Advisors Inc. now owns 4,641 shares of the company’s stock valued at $498,000 after acquiring an additional 124 shares during the period.

iShares Global Tech ETF Price Performance

IXN stock opened at $140.44 on Wednesday. The company has a fifty day moving average price of $138.73 and a 200 day moving average price of $121.27. iShares Global Tech ETF has a 12 month low of $93.27 and a 12 month high of $149.83. The company has a market cap of $8.81 billion, a price-to-earnings ratio of 34.73 and a beta of 1.37.

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.