Grimes & Company Inc. Buys Shares of 2,579 iShares Global Tech ETF $IXN

Grimes & Company Inc. bought a new stake in shares of iShares Global Tech ETF (NYSEARCA:IXN) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 2,579 shares of the company’s stock, valued at approximately $238,000.

A number of other institutional investors have also added to or reduced their stakes in the business. Cardinal Strategic Wealth Guidance increased its position in iShares Global Tech ETF by 7.6% during the 2nd quarter. Cardinal Strategic Wealth Guidance now owns 88,463 shares of the company’s stock valued at $8,169,000 after purchasing an additional 6,281 shares during the period. Flagship Private Wealth LLC increased its position in iShares Global Tech ETF by 1.3% during the 2nd quarter. Flagship Private Wealth LLC now owns 50,808 shares of the company’s stock valued at $4,692,000 after purchasing an additional 635 shares during the period. SOA Wealth Advisors LLC. purchased a new position in iShares Global Tech ETF during the 2nd quarter valued at about $30,000. PFG Investments LLC purchased a new position in iShares Global Tech ETF during the 2nd quarter valued at about $288,000. Finally, Truist Financial Corp boosted its holdings in shares of iShares Global Tech ETF by 69.2% in the 2nd quarter. Truist Financial Corp now owns 53,189 shares of the company’s stock valued at $4,912,000 after buying an additional 21,755 shares in the last quarter.

iShares Global Tech ETF Stock Performance

NYSEARCA:IXN opened at $104.91 on Wednesday. iShares Global Tech ETF has a fifty-two week low of $63.58 and a fifty-two week high of $106.42. The stock has a market capitalization of $6.39 billion, a P/E ratio of 34.73 and a beta of 1.15. The company’s 50-day simple moving average is $98.46 and its 200-day simple moving average is $88.70.

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.