Northland Securities Inc. Takes $3.26 Million Position in iShares Global Tech ETF $IXN

Northland Securities Inc. acquired a new stake in iShares Global Tech ETF (NYSEARCA:IXN) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 30,996 shares of the company’s stock, valued at approximately $3,255,000. iShares Global Tech ETF comprises about 3.1% of Northland Securities Inc.’s portfolio, making the stock its 5th largest position.

Several other large investors have also made changes to their positions in IXN. Brighton Jones LLC boosted its holdings in shares of iShares Global Tech ETF by 16.7% in the 4th quarter. Brighton Jones LLC now owns 4,390 shares of the company’s stock valued at $372,000 after acquiring an additional 627 shares during the last quarter. Marshall Wace LLP purchased a new stake in shares of iShares Global Tech ETF in the 2nd quarter valued at $791,000. Gamco Investors INC. ET AL purchased a new stake in shares of iShares Global Tech ETF in the 2nd quarter valued at $554,000. NewEdge Advisors LLC boosted its holdings in shares of iShares Global Tech ETF by 0.6% in the 2nd quarter. NewEdge Advisors LLC now owns 50,193 shares of the company’s stock valued at $4,635,000 after acquiring an additional 306 shares during the last quarter. Finally, DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main boosted its holdings in shares of iShares Global Tech ETF by 14,762.6% in the 2nd 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 acquiring an additional 324,186 shares during the last quarter.

iShares Global Tech ETF Price Performance

IXN stock opened at $107.85 on Monday. The firm’s fifty day simple moving average is $104.74 and its 200-day simple moving average is $105.43. iShares Global Tech ETF has a 12 month low of $68.50 and a 12 month high of $112.78. The company has a market capitalization of $6.79 billion, a P/E ratio of 34.73 and a beta of 1.26.

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.