iShares Global Tech ETF (NYSEARCA:IXN) is Sterling Group Wealth Management LLC’s 8th Largest Position

Sterling Group Wealth Management LLC increased its holdings in shares of iShares Global Tech ETF (NYSEARCA:IXN) by 0.3% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 107,110 shares of the company’s stock after buying an additional 370 shares during the quarter. iShares Global Tech ETF comprises approximately 4.7% of Sterling Group Wealth Management LLC’s portfolio, making the stock its 8th biggest holding. Sterling Group Wealth Management LLC owned approximately 0.18% of iShares Global Tech ETF worth $9,078,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in IXN. RPg Family Wealth Advisory LLC acquired a new position in iShares Global Tech ETF during the third quarter valued at approximately $28,000. Highline Wealth Partners LLC acquired a new position in iShares Global Tech ETF in the third quarter worth about $61,000. Goodman Advisory Group LLC acquired a new position in shares of iShares Global Tech ETF in the 3rd quarter worth approximately $70,000. Morse Asset Management Inc bought a new stake in iShares Global Tech ETF during the third quarter valued at $83,000. Finally, Sunbelt Securities Inc. raised its stake in iShares Global Tech ETF by 53.0% during the third quarter. Sunbelt Securities Inc. now owns 2,310 shares of the company’s stock worth $191,000 after acquiring an additional 800 shares during the period.

iShares Global Tech ETF Price Performance

Shares of IXN opened at $87.70 on Friday. The company has a market cap of $5.23 billion, a P/E ratio of 34.17 and a beta of 1.37. The stock has a fifty day moving average price of $85.12 and a 200 day moving average price of $82.67. iShares Global Tech ETF has a 12 month low of $68.53 and a 12 month high of $88.40.

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.