Cypress Wealth Services LLC grew its stake in iShares Global Tech ETF (NYSEARCA:IXN) by 27.1% in the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 4,121 shares of the company’s stock after purchasing an additional 878 shares during the period. Cypress Wealth Services LLC’s holdings in iShares Global Tech ETF were worth $762,000 as of its most recent filing with the Securities & Exchange Commission.
Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Family Management Corp acquired a new position in iShares Global Tech ETF in the 2nd quarter worth about $27,000. Gradient Investments LLC acquired a new position in iShares Global Tech ETF in the 2nd quarter worth about $54,000. Clear Perspective Advisors LLC acquired a new position in iShares Global Tech ETF in the 2nd quarter worth about $54,000. Advisors Preferred LLC acquired a new position in iShares Global Tech ETF in the 2nd quarter worth about $103,000. Finally, Valeo Financial Advisors LLC raised its holdings in iShares Global Tech ETF by 19.8% in the 2nd quarter. Valeo Financial Advisors LLC now owns 588 shares of the company’s stock worth $106,000 after purchasing an additional 97 shares during the period.
NYSEARCA IXN traded down $0.87 during trading hours on Thursday, reaching $187.73. The company’s stock had a trading volume of 219 shares, compared to its average volume of 90,641. iShares Global Tech ETF has a 1-year low of $134.75 and a 1-year high of $190.41. The company’s 50-day moving average is $184.00 and its two-hundred day moving average is $179.22.
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.
Recommended Story: How do investors use RSI to grade stocks?
Want to see what other hedge funds are holding IXN? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Global Tech ETF (NYSEARCA:IXN).
Receive News & Ratings for iShares Global Tech ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares Global Tech ETF and related companies with MarketBeat.com's FREE daily email newsletter.