Shares of iShares Global Tech ETF (NYSEARCA:IXN – Get Free Report) saw strong trading volume on Friday . 1,267,657 shares changed hands during trading, an increase of 192% from the previous session’s volume of 434,053 shares.The stock last traded at $83.79 and had previously closed at $85.76.
iShares Global Tech ETF Stock Performance
The firm’s fifty day simple moving average is $84.83 and its 200-day simple moving average is $82.62. The stock has a market cap of $4.99 billion, a P/E ratio of 34.17 and a beta of 1.37.
Institutional Trading of iShares Global Tech ETF
Several hedge funds have recently bought and sold shares of IXN. LPL Financial LLC lifted its stake in shares of iShares Global Tech ETF by 7.2% in the second quarter. LPL Financial LLC now owns 853,034 shares of the company’s stock valued at $70,648,000 after buying an additional 57,529 shares in the last quarter. Patten & Patten Inc. TN lifted its position in iShares Global Tech ETF by 1.3% in the 3rd quarter. Patten & Patten Inc. TN now owns 465,504 shares of the company’s stock valued at $38,418,000 after acquiring an additional 5,808 shares in the last quarter. International Assets Investment Management LLC boosted its stake in iShares Global Tech ETF by 9,022.6% during the 3rd quarter. International Assets Investment Management LLC now owns 358,428 shares of the company’s stock valued at $29,581,000 after purchasing an additional 354,499 shares during the last quarter. Parallel Advisors LLC boosted its stake in iShares Global Tech ETF by 1.1% during the 2nd quarter. Parallel Advisors LLC now owns 257,711 shares of the company’s stock valued at $21,344,000 after purchasing an additional 2,688 shares during the last quarter. Finally, Jane Street Group LLC increased its holdings in iShares Global Tech ETF by 269.8% during the 3rd quarter. Jane Street Group LLC now owns 209,970 shares of the company’s stock worth $17,329,000 after purchasing an additional 153,183 shares in the last quarter.
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.
Further Reading
- Five stocks we like better than iShares Global Tech ETF
- How to Calculate Retirement Income: MarketBeat’s Calculator
- Driving Forward: Lucid’s Growing Sales and Gravity SUV’s Impact
- Dividend Screener: How to Evaluate Dividend Stocks Before Buying
- Why Amazon’s Next Earnings Could Trigger a Stock Breakout
- How the NYSE and NASDAQ are Different, Why That Matters to Investors
- With This Kind of Data, The Fed Isn’t Cutting Rates This Year
Receive News & Ratings for iShares Global Tech ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares Global Tech ETF and related companies with MarketBeat.com's FREE daily email newsletter.
