M&T Bank Corp Trims Position in iShares Global Tech ETF (NYSEARCA:IXN)

M&T Bank Corp lowered its holdings in iShares Global Tech ETF (NYSEARCA:IXN) by 0.5% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 128,482 shares of the company’s stock after selling 616 shares during the period. M&T Bank Corp’s holdings in iShares Global Tech ETF were worth $10,889,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in the business. Park Avenue Securities LLC purchased a new position in iShares Global Tech ETF during the fourth quarter worth approximately $201,000. Townsquare Capital LLC increased its holdings in shares of iShares Global Tech ETF by 16.1% during the 3rd quarter. Townsquare Capital LLC now owns 3,197 shares of the company’s stock worth $264,000 after buying an additional 444 shares during the last quarter. US Bancorp DE raised its position in shares of iShares Global Tech ETF by 6.3% in the 3rd quarter. US Bancorp DE now owns 17,401 shares of the company’s stock worth $1,436,000 after buying an additional 1,025 shares during the period. RPg Family Wealth Advisory LLC purchased a new position in shares of iShares Global Tech ETF in the 3rd quarter worth $28,000. Finally, EP Wealth Advisors LLC grew its position in iShares Global Tech ETF by 14.2% during the third quarter. EP Wealth Advisors LLC now owns 4,397 shares of the company’s stock valued at $363,000 after acquiring an additional 548 shares during the period.

iShares Global Tech ETF Price Performance

Shares of NYSEARCA:IXN opened at $78.86 on Friday. The business has a 50-day moving average of $84.86 and a two-hundred day moving average of $83.56. The firm has a market capitalization of $4.90 billion, a PE ratio of 37.10 and a beta of 1.13. iShares Global Tech ETF has a 12 month low of $68.53 and a 12 month high of $88.62.

iShares Global Tech ETF 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.