Mainstream Capital Management LLC Makes New Investment in iShares Global Tech ETF (NYSEARCA:IXN)

Mainstream Capital Management LLC bought a new position in iShares Global Tech ETF (NYSEARCA:IXN) in the 4th quarter, Holdings Channel reports. The firm bought 1,362 shares of the company’s stock, valued at approximately $115,000.

Other hedge funds have also made changes to their positions in the company. Synergy Investment Management LLC purchased a new stake in shares of iShares Global Tech ETF in the 4th quarter worth $25,000. RPg Family Wealth Advisory LLC purchased a new stake in shares of iShares Global Tech ETF in the 3rd quarter worth $28,000. Hager Investment Management Services LLC purchased a new stake in shares of iShares Global Tech ETF in the 4th quarter worth $33,000. Halbert Hargrove Global Advisors LLC purchased a new stake in shares of iShares Global Tech ETF in the 4th quarter worth $44,000. Finally, Realta Investment Advisors purchased a new stake in shares of iShares Global Tech ETF in the 4th quarter worth $52,000.

iShares Global Tech ETF Trading Down 3.1 %

Shares of IXN stock opened at $79.85 on Tuesday. iShares Global Tech ETF has a twelve month low of $68.53 and a twelve month high of $88.62. The stock has a market capitalization of $4.96 billion, a price-to-earnings ratio of 37.10 and a beta of 1.13. The stock has a fifty day simple moving average of $85.31 and a two-hundred day simple moving average of $83.62.

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.