16,909 Shares in iShares Global Tech ETF (NYSEARCA:IXN) Bought by Able Wealth Management LLC

Able Wealth Management LLC bought a new stake in iShares Global Tech ETF (NYSEARCA:IXN) during the fourth quarter, Holdings Channel.com reports. The firm bought 16,909 shares of the company’s stock, valued at approximately $1,153,000. iShares Global Tech ETF makes up about 1.0% of Able Wealth Management LLC’s holdings, making the stock its 21st biggest holding.

Several other hedge funds and other institutional investors also recently modified their holdings of IXN. Howe & Rusling Inc. acquired a new position in shares of iShares Global Tech ETF during the fourth quarter worth approximately $25,000. Planned Solutions Inc. acquired a new stake in iShares Global Tech ETF in the 4th quarter valued at approximately $27,000. Sound Income Strategies LLC bought a new stake in iShares Global Tech ETF during the 4th quarter valued at $45,000. Jones Financial Companies Lllp acquired a new position in iShares Global Tech ETF during the 4th quarter worth $45,000. Finally, ORG Partners LLC bought a new position in shares of iShares Global Tech ETF in the fourth quarter worth $49,000.

iShares Global Tech ETF Price Performance

Shares of NYSEARCA IXN traded up $0.21 during midday trading on Friday, reaching $83.27. 294,560 shares of the company traded hands, compared to its average volume of 285,546. The company has a market cap of $4.97 billion, a price-to-earnings ratio of 34.17 and a beta of 1.37. The stock has a 50-day moving average price of $75.13 and a 200 day moving average price of $72.20. iShares Global Tech ETF has a 52 week low of $56.30 and a 52 week high of $83.36.

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.