iShares Global Tech ETF (NYSEARCA:IXN – Get Free Report) hit a new 52-week high during mid-day trading on Monday . The company traded as high as $88.21 and last traded at $88.19, with a volume of 30077 shares changing hands. The stock had previously closed at $86.08.
iShares Global Tech ETF Price Performance
The business has a 50 day simple moving average of $84.68 and a 200-day simple moving average of $82.57. The stock has a market capitalization of $5.12 billion, a price-to-earnings ratio of 34.17 and a beta of 1.37.
Institutional Investors Weigh In On iShares Global Tech ETF
Several institutional investors and hedge funds have recently bought and sold shares of the company. RPg Family Wealth Advisory LLC bought a new stake in iShares Global Tech ETF during the 3rd quarter worth approximately $28,000. Highline Wealth Partners LLC purchased a new position in shares of iShares Global Tech ETF in the third quarter worth $61,000. Goodman Advisory Group LLC purchased a new stake in shares of iShares Global Tech ETF in the 3rd quarter worth about $70,000. Morse Asset Management Inc purchased a new position in iShares Global Tech ETF during the 3rd quarter valued at about $83,000. Finally, Sunbelt Securities Inc. lifted its stake in shares of iShares Global Tech ETF by 53.0% in the third quarter. Sunbelt Securities Inc. now owns 2,310 shares of the company’s stock worth $191,000 after buying an additional 800 shares in the last quarter.
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.
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