Founders Financial Securities LLC Buys Shares of 10,975 iShares Global Tech ETF (NYSEARCA:IXN)

Founders Financial Securities LLC bought a new stake in iShares Global Tech ETF (NYSEARCA:IXN) in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 10,975 shares of the company’s stock, valued at approximately $909,000.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. Financial Advocates Investment Management acquired a new position in shares of iShares Global Tech ETF during the 4th quarter worth $3,359,000. Gladstone Institutional Advisory LLC raised its holdings in iShares Global Tech ETF by 5.2% during the fourth quarter. Gladstone Institutional Advisory LLC now owns 32,781 shares of the company’s stock valued at $2,235,000 after buying an additional 1,631 shares in the last quarter. Vermillion & White Wealth Management Group LLC acquired a new stake in shares of iShares Global Tech ETF in the fourth quarter worth about $173,000. Mather Group LLC. bought a new stake in shares of iShares Global Tech ETF during the 1st quarter worth about $60,000. Finally, Assetmark Inc. increased its holdings in shares of iShares Global Tech ETF by 686,141.2% during the 4th quarter. Assetmark Inc. now owns 699,966 shares of the company’s stock valued at $47,724,000 after acquiring an additional 699,864 shares during the last quarter.

iShares Global Tech ETF Trading Down 0.3 %

Shares of iShares Global Tech ETF stock opened at $77.38 on Thursday. iShares Global Tech ETF has a 1-year low of $56.30 and a 1-year high of $88.10. The firm has a fifty day simple moving average of $81.18 and a 200-day simple moving average of $77.44. The stock has a market capitalization of $4.62 billion, a price-to-earnings ratio of 34.17 and a beta of 1.37.

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.