Quantinno Capital Management LP Raises Position in iShares Global Tech ETF $IXN

Quantinno Capital Management LP lifted its holdings in shares of iShares Global Tech ETF (NYSEARCA:IXN) by 53.3% during the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 17,640 shares of the company’s stock after purchasing an additional 6,130 shares during the quarter. Quantinno Capital Management LP’s holdings in iShares Global Tech ETF were worth $1,764,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in the business. Flagship Harbor Advisors LLC purchased a new position in iShares Global Tech ETF during the fourth quarter worth about $25,000. Tucker Asset Management LLC purchased a new stake in iShares Global Tech ETF in the 4th quarter valued at about $28,000. Bayban purchased a new stake in iShares Global Tech ETF in the 1st quarter valued at about $28,000. Larson Financial Group LLC purchased a new stake in iShares Global Tech ETF in the 3rd quarter valued at about $28,000. Finally, Mcguire Capital Advisors Inc. acquired a new position in shares of iShares Global Tech ETF during the 4th quarter valued at about $28,000.

iShares Global Tech ETF Price Performance

Shares of IXN stock opened at $139.86 on Wednesday. The firm has a market cap of $8.77 billion, a P/E ratio of 34.73 and a beta of 1.37. iShares Global Tech ETF has a 1-year low of $93.27 and a 1-year high of $149.83. The firm’s 50-day simple moving average is $138.28 and its 200-day simple moving average is $122.45.

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.