M&T Bank Corp Decreases Stock Holdings in iShares Global Tech ETF $IXN

M&T Bank Corp decreased its holdings in shares of iShares Global Tech ETF (NYSEARCA:IXN) by 97.0% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 3,846 shares of the company’s stock after selling 124,581 shares during the quarter. M&T Bank Corp’s holdings in iShares Global Tech ETF were worth $404,000 as of its most recent SEC filing.

A number of other hedge funds also recently bought and sold shares of IXN. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main raised its stake in iShares Global Tech ETF by 14,762.6% during the second quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main now owns 326,382 shares of the company’s stock valued at $30,138,000 after purchasing an additional 324,186 shares in the last quarter. Sava Penzisko Drushtvo A.D. Skopje purchased a new stake in iShares Global Tech ETF during the third quarter valued at $31,504,000. Bank of America Corp DE raised its stake in iShares Global Tech ETF by 8.7% during the second quarter. Bank of America Corp DE now owns 2,398,815 shares of the company’s stock valued at $221,507,000 after purchasing an additional 191,600 shares in the last quarter. Cambria Investment Management L.P. purchased a new stake in iShares Global Tech ETF during the third quarter valued at $9,210,000. Finally, Fisher Asset Management LLC raised its stake in iShares Global Tech ETF by 1.2% during the third quarter. Fisher Asset Management LLC now owns 2,995,668 shares of the company’s stock valued at $309,183,000 after purchasing an additional 36,169 shares in the last quarter.

iShares Global Tech ETF Stock Up 1.3%

iShares Global Tech ETF stock opened at $121.85 on Friday. The company has a market cap of $7.93 billion, a price-to-earnings ratio of 34.73 and a beta of 1.32. The firm’s fifty day moving average is $107.75 and its 200 day moving average is $106.67. iShares Global Tech ETF has a 52-week low of $77.93 and a 52-week high of $122.27.

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.