Mascagni Wealth Management Inc. boosted its stake in shares of iShares Global Tech ETF (NYSEARCA:IXN – Free Report) by 302.6% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 8,837 shares of the company’s stock after buying an additional 6,642 shares during the period. Mascagni Wealth Management Inc.’s holdings in iShares Global Tech ETF were worth $883,000 at the end of the most recent reporting period.
Several other hedge funds and other institutional investors also recently made changes to their positions in the company. Continuum Advisory LLC boosted its stake in iShares Global Tech ETF by 2.3% in the 4th quarter. Continuum Advisory LLC now owns 4,209 shares of the company’s stock worth $442,000 after purchasing an additional 94 shares during the period. Oppenheimer & Co. Inc. grew its position in iShares Global Tech ETF by 2.0% during the 4th quarter. Oppenheimer & Co. Inc. now owns 5,088 shares of the company’s stock worth $534,000 after purchasing an additional 98 shares in the last quarter. Balance Wealth LLC raised its stake in iShares Global Tech ETF by 0.6% during the 1st quarter. Balance Wealth LLC now owns 15,923 shares of the company’s stock valued at $1,592,000 after purchasing an additional 99 shares during the period. Columbus Macro LLC raised its stake in iShares Global Tech ETF by 0.6% during the 1st quarter. Columbus Macro LLC now owns 18,339 shares of the company’s stock valued at $1,833,000 after purchasing an additional 109 shares during the period. Finally, Mountain Capital Investment Advisors Inc. lifted its holdings in shares of iShares Global Tech ETF by 2.7% in the fourth quarter. Mountain Capital Investment Advisors Inc. now owns 4,641 shares of the company’s stock valued at $498,000 after purchasing an additional 124 shares in the last quarter.
iShares Global Tech ETF Stock Up 6.0%
Shares of iShares Global Tech ETF stock opened at $132.96 on Friday. The stock has a market cap of $8.34 billion, a PE ratio of 34.73 and a beta of 1.36. The business has a fifty day simple moving average of $138.79 and a 200-day simple moving average of $120.66. iShares Global Tech ETF has a 12 month low of $93.27 and a 12 month 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.
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