iShares Global Tech ETF $IXN Shares Purchased by Parallel Advisors LLC

Parallel Advisors LLC raised its stake in shares of iShares Global Tech ETF (NYSEARCA:IXN) by 1.6% in the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 290,773 shares of the company’s stock after acquiring an additional 4,609 shares during the period. Parallel Advisors LLC’s holdings in iShares Global Tech ETF were worth $29,069,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Wellington Grp LLC purchased a new position in shares of iShares Global Tech ETF in the 1st quarter valued at approximately $40,000. J. Mark Nickell & Co. raised its stake in shares of iShares Global Tech ETF by 6.0% during the first quarter. J. Mark Nickell & Co. now owns 32,213 shares of the company’s stock worth $3,220,000 after purchasing an additional 1,824 shares during the last quarter. Western Wealth Management LLC lifted its holdings in shares of iShares Global Tech ETF by 7.7% during the first quarter. Western Wealth Management LLC now owns 27,738 shares of the company’s stock worth $2,773,000 after purchasing an additional 1,975 shares during the period. Mascagni Wealth Management Inc. lifted its holdings in shares of iShares Global Tech ETF by 302.6% during the first quarter. Mascagni Wealth Management Inc. now owns 8,837 shares of the company’s stock worth $883,000 after purchasing an additional 6,642 shares during the period. Finally, Centaurus Financial Inc. lifted its holdings in shares of iShares Global Tech ETF by 8.6% during the first quarter. Centaurus Financial Inc. now owns 1,759 shares of the company’s stock worth $176,000 after purchasing an additional 140 shares during the period.

iShares Global Tech ETF Price Performance

NYSEARCA:IXN opened at $140.44 on Wednesday. The firm has a market cap of $8.81 billion, a price-to-earnings ratio of 34.73 and a beta of 1.37. The firm’s fifty day moving average price is $138.73 and its 200 day moving average price is $121.27. iShares Global Tech ETF has a 1-year low of $93.27 and a 1-year high of $149.83.

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.