Signature Resources Capital Management LLC Acquires New Position in iShares Global Tech ETF (NYSEARCA:IXN)

Signature Resources Capital Management LLC bought a new position in iShares Global Tech ETF (NYSEARCA:IXN) during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor bought 2,016 shares of the company’s stock, valued at approximately $137,000.

Other institutional investors have also modified their holdings of the company. International Assets Investment Management LLC lifted its holdings in shares of iShares Global Tech ETF by 5,858.3% in the 4th quarter. International Assets Investment Management LLC now owns 552,279 shares of the company’s stock worth $37,654,000 after buying an additional 543,010 shares during the period. Scotia Capital Inc. raised its holdings in shares of iShares Global Tech ETF by 3.0% in the 3rd quarter. Scotia Capital Inc. now owns 225,405 shares of the company’s stock valued at $13,038,000 after purchasing an additional 6,484 shares in the last quarter. Gimbal Financial purchased a new stake in shares of iShares Global Tech ETF in the 4th quarter worth approximately $13,213,000. Shira Ridge Wealth Management increased its holdings in iShares Global Tech ETF by 0.3% during the fourth quarter. Shira Ridge Wealth Management now owns 191,526 shares of the company’s stock valued at $13,058,000 after buying an additional 549 shares during the period. Finally, Sterling Group Wealth Management LLC raised its stake in iShares Global Tech ETF by 4.7% in the fourth quarter. Sterling Group Wealth Management LLC now owns 113,384 shares of the company’s stock worth $7,731,000 after buying an additional 5,055 shares in the last quarter.

iShares Global Tech ETF Stock Up 2.8 %

Shares of NYSEARCA IXN traded up $2.00 during mid-day trading on Friday, reaching $72.86. 194,649 shares of the company were exchanged, compared to its average volume of 330,755. The firm has a 50-day moving average of $73.34 and a 200 day moving average of $68.87. iShares Global Tech ETF has a 1 year low of $53.01 and a 1 year high of $76.25. The stock has a market cap of $4.36 billion, a price-to-earnings ratio of 32.76 and a beta of 1.34.

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.