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

Parallel Advisors LLC raised its position in iShares Global Tech ETF (NYSEARCA:IXN) by 1.6% during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 290,773 shares of the company’s stock after purchasing an additional 4,609 shares during the quarter. Parallel Advisors LLC’s holdings in iShares Global Tech ETF were worth $29,069,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also modified their holdings of the company. Flagship Harbor Advisors LLC purchased a new stake in shares of iShares Global Tech ETF during the 4th quarter worth about $25,000. Tucker Asset Management LLC acquired a new stake in iShares Global Tech ETF during the 4th quarter worth approximately $28,000. Larson Financial Group LLC purchased a new position in iShares Global Tech ETF in the third quarter valued at approximately $28,000. Mcguire Capital Advisors Inc. purchased a new position in iShares Global Tech ETF in the fourth quarter valued at approximately $28,000. Finally, Bayban purchased a new position in iShares Global Tech ETF in the first quarter valued at approximately $28,000.

iShares Global Tech ETF Price Performance

Shares of IXN stock opened at $132.62 on Monday. iShares Global Tech ETF has a fifty-two week low of $93.27 and a fifty-two week high of $149.83. The firm’s 50 day moving average price is $138.79 and its two-hundred day moving average price is $118.99. The stock has a market cap of $8.67 billion, a price-to-earnings ratio of 34.73 and a beta of 1.36.

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.