Pictet Asset Management Holding SA Raises Holdings in iShares Global Tech ETF $IXN

Pictet Asset Management Holding SA lifted its position in shares of iShares Global Tech ETF (NYSEARCA:IXN) by 64.2% in the 1st quarter, according to its most recent 13F filing with the SEC. The firm owned 1,152,840 shares of the company’s stock after acquiring an additional 450,580 shares during the quarter. Pictet Asset Management Holding SA owned approximately 1.80% of iShares Global Tech ETF worth $110,396,000 at the end of the most recent quarter.

Other large investors also recently added to or reduced their stakes in the company. Flagship Harbor Advisors LLC purchased a new stake in iShares Global Tech ETF during the fourth quarter valued at about $25,000. Tucker Asset Management LLC purchased a new position in shares of iShares Global Tech ETF in the fourth quarter worth about $28,000. Larson Financial Group LLC purchased a new position in shares of iShares Global Tech ETF in the third quarter worth about $28,000. Mcguire Capital Advisors Inc. purchased a new position in shares of iShares Global Tech ETF in the fourth quarter worth about $28,000. Finally, EFG International AG bought a new stake in shares of iShares Global Tech ETF in the fourth quarter valued at approximately $32,000.

iShares Global Tech ETF Price Performance

NYSEARCA IXN opened at $138.15 on Monday. The firm has a market cap of $8.99 billion, a P/E ratio of 34.73 and a beta of 1.36. The company’s 50 day moving average is $133.66 and its 200-day moving average is $115.49. iShares Global Tech ETF has a 12-month low of $90.76 and a 12-month high of $149.83.

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.