Cynosure Group LLC Increases Position in iShares Global Tech ETF (NYSEARCA:IXN)

Cynosure Group LLC increased its stake in shares of iShares Global Tech ETF (NYSEARCA:IXN) by 100.0% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 19,222 shares of the company’s stock after acquiring an additional 9,611 shares during the period. Cynosure Group LLC’s holdings in iShares Global Tech ETF were worth $1,586,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. International Assets Investment Management LLC raised its holdings in iShares Global Tech ETF by 9,022.6% in the 3rd quarter. International Assets Investment Management LLC now owns 358,428 shares of the company’s stock valued at $29,581,000 after acquiring an additional 354,499 shares during the last quarter. Jane Street Group LLC acquired a new stake in shares of iShares Global Tech ETF during the first quarter worth about $10,234,000. Sterling Group Wealth Management LLC acquired a new position in shares of iShares Global Tech ETF in the second quarter worth $8,511,000. Pictet North America Advisors SA increased its holdings in iShares Global Tech ETF by 286.0% during the 2nd quarter. Pictet North America Advisors SA now owns 132,498 shares of the company’s stock worth $10,973,000 after purchasing an additional 98,168 shares during the period. Finally, Bordeaux Wealth Advisors LLC acquired a new stake in iShares Global Tech ETF in the second quarter valued at approximately $7,943,000.

iShares Global Tech ETF Trading Up 0.3 %

Shares of IXN stock opened at $83.86 on Wednesday. The company has a market cap of $5.00 billion, a P/E ratio of 34.17 and a beta of 1.37. iShares Global Tech ETF has a 12 month low of $64.31 and a 12 month high of $88.10. The firm has a fifty day moving average price of $82.76 and a 200 day moving average price of $81.15.

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.