Foundations Investment Advisors LLC acquired a new stake in shares of iShares Global Tech ETF (NYSEARCA:IXN) during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm acquired 1,766 shares of the company’s stock, valued at approximately $539,000.
Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. BlackRock Inc. boosted its position in iShares Global Tech ETF by 33.6% during the 3rd quarter. BlackRock Inc. now owns 794,458 shares of the company’s stock worth $209,475,000 after buying an additional 199,590 shares during the period. Envestnet Asset Management Inc. lifted its holdings in iShares Global Tech ETF by 7.2% in the third quarter. Envestnet Asset Management Inc. now owns 2,309,848 shares of the company’s stock valued at $609,037,000 after buying an additional 155,623 shares during the period. JPMorgan Chase & Co. boosted its position in iShares Global Tech ETF by 67.3% during the third quarter. JPMorgan Chase & Co. now owns 290,312 shares of the company’s stock valued at $76,067,000 after acquiring an additional 116,768 shares during the last quarter. 55I LLC grew its holdings in iShares Global Tech ETF by 108.8% during the 3rd quarter. 55I LLC now owns 80,255 shares of the company’s stock worth $21,161,000 after acquiring an additional 41,823 shares during the period. Finally, LPL Financial LLC raised its position in shares of iShares Global Tech ETF by 7.8% in the 3rd quarter. LPL Financial LLC now owns 494,914 shares of the company’s stock worth $130,494,000 after acquiring an additional 35,921 shares in the last quarter.
NYSEARCA IXN opened at $303.33 on Thursday. The business has a 50 day simple moving average of $293.06 and a 200 day simple moving average of $267.79. iShares Global Tech ETF has a one year low of $155.91 and a one year high of $305.58.
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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