U.S. Capital Wealth Advisors LLC Acquires 3,449 Shares of iShares Global Tech ETF (NYSEARCA:IXN)

U.S. Capital Wealth Advisors LLC raised its position in shares of iShares Global Tech ETF (NYSEARCA:IXN) by 13.5% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 29,023 shares of the company’s stock after purchasing an additional 3,449 shares during the period. U.S. Capital Wealth Advisors LLC’s holdings in iShares Global Tech ETF were worth $2,460,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also bought and sold shares of the company. RPg Family Wealth Advisory LLC acquired a new position in shares of iShares Global Tech ETF in the 3rd quarter valued at about $28,000. Highline Wealth Partners LLC purchased a new stake in shares of iShares Global Tech ETF in the third quarter valued at approximately $61,000. Goodman Advisory Group LLC purchased a new stake in shares of iShares Global Tech ETF in the third quarter valued at approximately $70,000. Morse Asset Management Inc purchased a new stake in shares of iShares Global Tech ETF in the third quarter valued at approximately $83,000. Finally, Union Bancaire Privee UBP SA purchased a new stake in shares of iShares Global Tech ETF in the fourth quarter valued at approximately $195,000.

iShares Global Tech ETF Stock Down 1.6 %

NYSEARCA:IXN opened at $82.30 on Tuesday. The stock’s fifty day moving average is $85.39 and its two-hundred day moving average is $82.59. iShares Global Tech ETF has a 52 week low of $68.53 and a 52 week high of $88.40. The stock has a market capitalization of $4.91 billion, a price-to-earnings ratio of 34.17 and a beta of 1.37.

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.