Flagship Wealth Advisors LLC Invests $45,000 in iShares Global Tech ETF (NYSEARCA:IXN)

Flagship Wealth Advisors LLC bought a new position in iShares Global Tech ETF (NYSEARCA:IXN) during the fourth quarter, Holdings Channel.com reports. The firm bought 534 shares of the company’s stock, valued at approximately $45,000.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Blue Trust Inc. raised its holdings in shares of iShares Global Tech ETF by 3.3% in the 4th quarter. Blue Trust Inc. now owns 4,130 shares of the company’s stock worth $341,000 after purchasing an additional 130 shares during the period. Keystone Wealth Services LLC raised its holdings in shares of iShares Global Tech ETF by 1.2% in the 4th quarter. Keystone Wealth Services LLC now owns 11,080 shares of the company’s stock worth $939,000 after purchasing an additional 132 shares during the period. PFG Advisors raised its holdings in shares of iShares Global Tech ETF by 2.9% in the 4th quarter. PFG Advisors now owns 5,241 shares of the company’s stock worth $444,000 after purchasing an additional 147 shares during the period. Key Client Fiduciary Advisors LLC raised its holdings in shares of iShares Global Tech ETF by 5.1% in the 4th quarter. Key Client Fiduciary Advisors LLC now owns 3,140 shares of the company’s stock worth $266,000 after purchasing an additional 152 shares during the period. Finally, Flagship Private Wealth LLC raised its holdings in shares of iShares Global Tech ETF by 0.3% in the 4th quarter. Flagship Private Wealth LLC now owns 50,739 shares of the company’s stock worth $4,300,000 after purchasing an additional 163 shares during the period.

iShares Global Tech ETF Trading Up 0.7 %

NYSEARCA:IXN opened at $78.95 on Tuesday. The stock has a market capitalization of $4.66 billion, a PE ratio of 32.89 and a beta of 1.15. The firm’s 50 day moving average is $83.76 and its 200 day moving average is $83.37. 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.