Concourse Financial Group Securities Inc. Has $128,000 Position in iShares Global Tech ETF (NYSEARCA:IXN)

Concourse Financial Group Securities Inc. cut its stake in iShares Global Tech ETF (NYSEARCA:IXN) by 8.6% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 1,547 shares of the company’s stock after selling 145 shares during the quarter. Concourse Financial Group Securities Inc.’s holdings in iShares Global Tech ETF were worth $128,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of IXN. Jane Street Group LLC bought a new stake in shares of iShares Global Tech ETF in the first quarter worth about $10,234,000. Sterling Group Wealth Management LLC bought a new stake in iShares Global Tech ETF during the 2nd quarter worth approximately $8,511,000. Pictet North America Advisors SA raised its holdings in iShares Global Tech ETF by 286.0% during the 2nd quarter. Pictet North America Advisors SA now owns 132,498 shares of the company’s stock worth $10,973,000 after buying an additional 98,168 shares during the period. Bordeaux Wealth Advisors LLC acquired a new stake in iShares Global Tech ETF during the 2nd quarter worth approximately $7,943,000. Finally, Cetera Investment Advisers lifted its stake in iShares Global Tech ETF by 114.4% in the first quarter. Cetera Investment Advisers now owns 159,263 shares of the company’s stock valued at $11,914,000 after buying an additional 84,984 shares in the last quarter.

iShares Global Tech ETF Stock Up 0.4 %

Shares of IXN stock opened at $83.71 on Friday. iShares Global Tech ETF has a 12-month low of $56.30 and a 12-month high of $88.10. The firm has a fifty day moving average of $81.08 and a 200-day moving average of $79.07. The company has a market capitalization of $4.99 billion, a price-to-earnings ratio of 34.17 and a beta of 1.37.

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.