VSM Wealth Advisory LLC Takes $50,000 Position in iShares Global Tech ETF (NYSEARCA:IXN)

VSM Wealth Advisory LLC purchased a new position in shares of iShares Global Tech ETF (NYSEARCA:IXN) in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 593 shares of the company’s stock, valued at approximately $50,000.

Other large investors have also recently modified their holdings of the company. Synergy Investment Management LLC bought a new stake in shares of iShares Global Tech ETF during the 4th quarter valued at approximately $25,000. RPg Family Wealth Advisory LLC acquired a new position in shares of iShares Global Tech ETF in the third quarter worth approximately $28,000. Hager Investment Management Services LLC bought a new stake in shares of iShares Global Tech ETF in the 4th quarter valued at $33,000. Halbert Hargrove Global Advisors LLC bought a new stake in iShares Global Tech ETF during the fourth quarter valued at $44,000. Finally, Flagship Wealth Advisors LLC bought a new stake in shares of iShares Global Tech ETF during the 4th quarter valued at about $45,000.

iShares Global Tech ETF Stock Up 1.0 %

Shares of IXN stock opened at $78.63 on Thursday. The company has a market cap of $4.64 billion, a price-to-earnings ratio of 32.89 and a beta of 1.15. The firm has a 50 day moving average of $83.46 and a 200-day moving average of $83.32. iShares Global Tech ETF has a 52 week low of $68.53 and a 52 week high of $88.62.

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.