Hsbc Holdings PLC Acquires New Position in iShares Global Tech ETF $IXN

Hsbc Holdings PLC acquired a new stake in iShares Global Tech ETF (NYSEARCA:IXN) during the fourth quarter, HoldingsChannel reports. The fund acquired 18,000 shares of the company’s stock, valued at approximately $1,890,000.

Other institutional investors have also recently bought and sold shares of the company. Brighton Jones LLC lifted its stake in shares of iShares Global Tech ETF by 16.7% in the 4th quarter. Brighton Jones LLC now owns 4,390 shares of the company’s stock valued at $372,000 after purchasing an additional 627 shares during the period. Marshall Wace LLP acquired a new stake in shares of iShares Global Tech ETF during the second quarter worth $791,000. Gamco Investors INC. ET AL bought a new stake in iShares Global Tech ETF in the second quarter valued at about $554,000. NewEdge Advisors LLC lifted its stake in iShares Global Tech ETF by 0.6% in the second quarter. NewEdge Advisors LLC now owns 50,193 shares of the company’s stock valued at $4,635,000 after buying an additional 306 shares during the period. Finally, DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main lifted its stake in iShares Global Tech ETF by 14,762.6% in the second quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main now owns 326,382 shares of the company’s stock valued at $30,138,000 after buying an additional 324,186 shares during the period.

iShares Global Tech ETF Trading Up 1.7%

Shares of IXN opened at $140.51 on Tuesday. The stock has a market cap of $9.14 billion, a P/E ratio of 34.73 and a beta of 1.36. iShares Global Tech ETF has a 1 year low of $90.76 and a 1 year high of $149.83. The stock’s 50-day moving average price is $134.17 and its two-hundred day moving average price is $115.72.

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.