iShares Global Tech ETF $IXN Stock: Pictet Asset Management Holding SA Grows Holdings

Pictet Asset Management Holding SA increased its holdings in shares of iShares Global Tech ETF (NYSEARCA:IXN) by 45.1% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 1,032,080 shares of the company’s stock after acquiring an additional 320,610 shares during the quarter. Pictet Asset Management Holding SA owned about 1.57% of iShares Global Tech ETF worth $152,766,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also bought and sold shares of IXN. C M Bidwell & Associates Ltd. bought a new stake in iShares Global Tech ETF in the 2nd quarter valued at about $30,000. Blue Bell Private Wealth Management LLC acquired a new position in shares of iShares Global Tech ETF during the 3rd quarter worth approximately $33,000. Go Invest LLC acquired a new position in shares of iShares Global Tech ETF during the 3rd quarter worth approximately $38,000. Investors Research Corp bought a new position in shares of iShares Global Tech ETF during the second quarter worth approximately $38,000. Finally, First Bancorp Inc ME bought a new position in shares of iShares Global Tech ETF during the second quarter worth approximately $52,000.

iShares Global Tech ETF Stock Performance

Shares of IXN opened at $123.58 on Monday. iShares Global Tech ETF has a 12 month low of $95.11 and a 12 month high of $154.04. The firm’s 50 day moving average is $142.27 and its 200-day moving average is $128.34. The stock has a market capitalization of $8.16 billion, a PE ratio of 23.15 and a beta of 1.40.

iShares Global Tech ETF 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.