Principal Securities Inc. Has $220,000 Stake in iShares Global Tech ETF (NYSEARCA:IXN)

Principal Securities Inc. lifted its holdings in shares of iShares Global Tech ETF (NYSEARCA:IXN) by 15.7% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 2,595 shares of the company’s stock after buying an additional 352 shares during the quarter. Principal Securities Inc.’s holdings in iShares Global Tech ETF were worth $220,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of IXN. Blue Trust Inc. grew its holdings in iShares Global Tech ETF by 164.8% during the fourth quarter. Blue Trust Inc. now owns 10,591 shares of the company’s stock valued at $898,000 after purchasing an additional 6,591 shares during the period. Marks Group Wealth Management Inc grew its holdings in iShares Global Tech ETF by 3.1% during the fourth quarter. Marks Group Wealth Management Inc now owns 47,164 shares of the company’s stock valued at $3,997,000 after purchasing an additional 1,424 shares during the period. Gladstone Institutional Advisory LLC grew its holdings in iShares Global Tech ETF by 3.5% during the fourth quarter. Gladstone Institutional Advisory LLC now owns 27,250 shares of the company’s stock valued at $2,309,000 after purchasing an additional 928 shares during the period. Sovran Advisors LLC acquired a new position in iShares Global Tech ETF during the fourth quarter valued at approximately $222,000. Finally, Newbridge Financial Services Group Inc. grew its holdings in iShares Global Tech ETF by 15.1% during the fourth quarter. Newbridge Financial Services Group Inc. now owns 53,666 shares of the company’s stock valued at $4,548,000 after purchasing an additional 7,026 shares during the period.

iShares Global Tech ETF Stock Performance

Shares of NYSEARCA IXN opened at $86.12 on Monday. The stock has a market cap of $5.35 billion, a P/E ratio of 37.10 and a beta of 1.13. The firm has a 50 day moving average price of $85.70 and a 200 day moving average price of $83.41. iShares Global Tech ETF has a 52-week low of $68.53 and a 52-week high of $88.62.

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.