Thrivent Financial for Lutherans Raises Stock Position in iShares Global Tech ETF $IXN

Thrivent Financial for Lutherans boosted its stake in shares of iShares Global Tech ETF (NYSEARCA:IXN) by 22.3% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 188,976 shares of the company’s stock after acquiring an additional 34,447 shares during the quarter. Thrivent Financial for Lutherans’ holdings in iShares Global Tech ETF were worth $19,504,000 as of its most recent SEC filing.

A number of other institutional investors also recently bought and sold shares of the stock. West Branch Capital LLC purchased a new stake in shares of iShares Global Tech ETF in the third quarter valued at $36,000. Manning & Napier Advisors LLC purchased a new position in shares of iShares Global Tech ETF during the 3rd quarter worth about $39,000. Harbor Asset Planning Inc. bought a new position in iShares Global Tech ETF during the 2nd quarter valued at about $40,000. Mather Group LLC. purchased a new stake in iShares Global Tech ETF in the 3rd quarter worth about $81,000. Finally, Root Financial Partners LLC bought a new stake in iShares Global Tech ETF in the third quarter worth about $113,000.

iShares Global Tech ETF Stock Performance

IXN opened at $105.85 on Wednesday. The stock has a market cap of $6.41 billion, a price-to-earnings ratio of 34.73 and a beta of 1.24. The stock’s 50 day moving average price is $106.11 and its 200-day moving average price is $102.85. iShares Global Tech ETF has a one year low of $63.58 and a one year high of $112.78.

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.