Bank of Montreal Can lifted its stake in shares of iShares Global Tech ETF (NYSEARCA:IXN) by 116.0% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 33,317 shares of the company’s stock after purchasing an additional 17,891 shares during the period. Bank of Montreal Can owned about 0.22% of iShares Global Tech ETF worth $5,835,000 as of its most recent filing with the Securities & Exchange Commission.
Other hedge funds also recently added to or reduced their stakes in the company. Raymond James & Associates increased its stake in shares of iShares Global Tech ETF by 207.5% during the second quarter. Raymond James & Associates now owns 96,097 shares of the company’s stock worth $15,809,000 after purchasing an additional 64,843 shares in the last quarter. Brookstone Capital Management boosted its position in iShares Global Tech ETF by 16.3% during the second quarter. Brookstone Capital Management now owns 11,295 shares of the company’s stock worth $1,858,000 after acquiring an additional 1,581 shares during the last quarter. SP Asset Management acquired a new position in iShares Global Tech ETF during the second quarter worth about $1,312,000. Bank of America Corp DE boosted its position in iShares Global Tech ETF by 2.1% during the second quarter. Bank of America Corp DE now owns 731,748 shares of the company’s stock worth $120,373,000 after acquiring an additional 14,991 shares during the last quarter. Finally, Rathbone Brothers plc boosted its position in iShares Global Tech ETF by 7.4% during the third quarter. Rathbone Brothers plc now owns 25,677 shares of the company’s stock worth $4,497,000 after acquiring an additional 1,773 shares during the last quarter.
NYSEARCA:IXN traded up $1.67 on Thursday, hitting $150.68. The stock had a trading volume of 54,897 shares, compared to its average volume of 117,019. iShares Global Tech ETF has a 1-year low of $146.24 and a 1-year high of $177.61.
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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.
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