Thrivent Financial for Lutherans Raises Stock Position in iShares Global Tech ETF $IXN

Thrivent Financial for Lutherans boosted its position in shares of iShares Global Tech ETF (NYSEARCA:IXN) by 3.5% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 195,520 shares of the company’s stock after purchasing an additional 6,544 shares during the period. Thrivent Financial for Lutherans owned approximately 0.32% of iShares Global Tech ETF worth $20,549,000 at the end of the most recent quarter.

A number of other institutional investors have also made changes to their positions in the stock. Flagship Harbor Advisors LLC purchased a new stake in iShares Global Tech ETF in the fourth quarter valued at approximately $25,000. Larson Financial Group LLC purchased a new stake in iShares Global Tech ETF in the third quarter valued at approximately $28,000. Triumph Capital Management acquired a new position in iShares Global Tech ETF during the 3rd quarter worth about $54,000. Capital Investment Counsel Inc acquired a new position in iShares Global Tech ETF during the 4th quarter worth about $60,000. Finally, Allworth Financial LP lifted its stake in iShares Global Tech ETF by 317.4% during the 3rd quarter. Allworth Financial LP now owns 814 shares of the company’s stock worth $84,000 after acquiring an additional 619 shares in the last quarter.

iShares Global Tech ETF Stock Performance

IXN opened at $132.08 on Monday. The stock’s 50-day moving average price is $112.07 and its 200 day moving average price is $108.30. iShares Global Tech ETF has a 12-month low of $82.11 and a 12-month high of $135.70. The firm has a market cap of $8.59 billion, a price-to-earnings ratio of 34.73 and a beta of 1.32.

About iShares Global Tech ETF

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.