iShares Global Tech ETF (NYSEARCA:IXN – Get Free Report)’s stock price traded down 1.1% during trading on Monday. The stock traded as low as $145.95 and last traded at $147.32. 173,469 shares were traded during mid-day trading, a decline of 54% from the average session volume of 380,936 shares. The stock had previously closed at $148.96.
iShares Global Tech ETF Price Performance
The stock has a fifty day moving average price of $140.11 and a two-hundred day moving average price of $130.95. The company has a market cap of $9.69 billion, a P/E ratio of 34.73 and a beta of 1.37.
Institutional Inflows and Outflows
Several institutional investors and hedge funds have recently modified their holdings of IXN. Goodman Advisory Group LLC purchased a new stake in iShares Global Tech ETF in the 1st quarter worth about $534,000. Larch Capital Partners LLC bought a new stake in iShares Global Tech ETF in the fourth quarter worth $3,665,000. Farmers National Bank bought a new stake in iShares Global Tech ETF in the fourth quarter worth $698,000. Uhlmann Price Securities LLC acquired a new position in iShares Global Tech ETF during the first quarter worth $614,000. Finally, Kestra Advisory Services LLC raised its holdings in iShares Global Tech ETF by 32.0% during the first quarter. Kestra Advisory Services LLC now owns 52,692 shares of the company’s stock valued at $5,268,000 after buying an additional 12,767 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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