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

Parallel Advisors LLC grew its stake in iShares Global Tech ETF (NYSEARCA:IXN) by 1.4% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 286,164 shares of the company’s stock after purchasing an additional 3,990 shares during the quarter. Parallel Advisors LLC owned approximately 0.47% of iShares Global Tech ETF worth $30,047,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of IXN. Flagship Harbor Advisors LLC purchased a new stake in shares of iShares Global Tech ETF during the fourth quarter worth $25,000. Tucker Asset Management LLC purchased a new stake in shares of iShares Global Tech ETF during the fourth quarter worth $28,000. Larson Financial Group LLC purchased a new stake in shares of iShares Global Tech ETF during the third quarter worth $28,000. Triumph Capital Management purchased a new stake in shares of iShares Global Tech ETF during the third quarter worth $54,000. Finally, Capital Investment Counsel Inc purchased a new stake in shares of iShares Global Tech ETF during the fourth quarter worth $60,000.

iShares Global Tech ETF Stock Down 1.5%

iShares Global Tech ETF stock opened at $145.97 on Friday. iShares Global Tech ETF has a 52-week low of $85.74 and a 52-week high of $149.83. The firm has a market capitalization of $9.50 billion, a price-to-earnings ratio of 34.73 and a beta of 1.36. The company has a fifty day simple moving average of $122.01 and a 200-day simple moving average of $111.38.

About iShares Global Tech ETF

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.