Global Assets Advisory LLC Makes New Investment in iShares Global Tech ETF (NYSEARCA:IXN)

Global Assets Advisory LLC purchased a new stake in shares of iShares Global Tech ETF (NYSEARCA:IXN) in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 22,215 shares of the company’s stock, valued at approximately $1,662,000.

Several other hedge funds and other institutional investors also recently modified their holdings of IXN. Global Retirement Partners LLC boosted its position in shares of iShares Global Tech ETF by 11.4% during the 4th quarter. Global Retirement Partners LLC now owns 1,879 shares of the company’s stock valued at $127,000 after purchasing an additional 192 shares in the last quarter. Private Trust Co. NA lifted its stake in iShares Global Tech ETF by 5.6% during the fourth quarter. Private Trust Co. NA now owns 5,400 shares of the company’s stock valued at $368,000 after purchasing an additional 286 shares during the last quarter. Charter Oak Capital Management LLC lifted its stake in iShares Global Tech ETF by 0.9% during the fourth quarter. Charter Oak Capital Management LLC now owns 36,054 shares of the company’s stock valued at $2,458,000 after purchasing an additional 309 shares during the last quarter. Sowell Financial Services LLC lifted its stake in iShares Global Tech ETF by 1.4% during the fourth quarter. Sowell Financial Services LLC now owns 23,288 shares of the company’s stock valued at $1,588,000 after purchasing an additional 312 shares during the last quarter. Finally, Howe & Rusling Inc. acquired a new stake in iShares Global Tech ETF during the fourth quarter valued at approximately $25,000.

iShares Global Tech ETF Price Performance

IXN stock opened at $82.86 on Wednesday. iShares Global Tech ETF has a 12 month low of $56.30 and a 12 month high of $85.46. The firm has a market cap of $4.94 billion, a PE ratio of 34.17 and a beta of 1.37. The firm has a 50 day simple moving average of $76.52 and a 200 day simple moving average of $73.19.

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.