Founders Financial Securities LLC Makes New $1.18 Million Investment in iShares Global Tech ETF $IXN

Founders Financial Securities LLC bought a new position in shares of iShares Global Tech ETF (NYSEARCA:IXN) in the fourth quarter, Holdings Channel reports. The firm bought 11,249 shares of the company’s stock, valued at approximately $1,181,000.

A number of other large investors have also recently added to or reduced their stakes in IXN. Flagship Harbor Advisors LLC bought a new stake in iShares Global Tech ETF during the fourth quarter worth approximately $25,000. Tucker Asset Management LLC bought a new stake in iShares Global Tech ETF during the fourth quarter worth approximately $28,000. Larson Financial Group LLC bought a new stake in iShares Global Tech ETF during the third quarter worth approximately $28,000. Triumph Capital Management bought a new stake in iShares Global Tech ETF during the third quarter worth approximately $54,000. Finally, Capital Investment Counsel Inc bought a new stake in iShares Global Tech ETF during the fourth quarter worth approximately $60,000.

iShares Global Tech ETF Stock Up 3.0%

Shares of iShares Global Tech ETF stock opened at $148.08 on Tuesday. The stock has a market capitalization of $9.63 billion, a P/E ratio of 34.73 and a beta of 1.32. The stock has a 50 day moving average price of $119.27 and a two-hundred day moving average price of $110.50. iShares Global Tech ETF has a 12-month low of $83.87 and a 12-month high of $148.79.

iShares Global Tech ETF Company 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.