Sunbelt Securities Inc. Grows Position in iShares Global Tech ETF (NYSEARCA:IXN)

Sunbelt Securities Inc. grew its position in shares of iShares Global Tech ETF (NYSEARCA:IXN) by 53.0% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,310 shares of the company’s stock after purchasing an additional 800 shares during the quarter. Sunbelt Securities Inc.’s holdings in iShares Global Tech ETF were worth $191,000 as of its most recent SEC filing.

Several other large investors have also recently made changes to their positions in the company. LPL Financial LLC boosted its position in iShares Global Tech ETF by 7.2% during the second quarter. LPL Financial LLC now owns 853,034 shares of the company’s stock worth $70,648,000 after purchasing an additional 57,529 shares in the last quarter. Patten & Patten Inc. TN lifted its position in shares of iShares Global Tech ETF by 1.3% during the 3rd quarter. Patten & Patten Inc. TN now owns 465,504 shares of the company’s stock valued at $38,418,000 after buying an additional 5,808 shares in the last quarter. International Assets Investment Management LLC grew its stake in iShares Global Tech ETF by 9,022.6% in the 3rd quarter. International Assets Investment Management LLC now owns 358,428 shares of the company’s stock valued at $29,581,000 after acquiring an additional 354,499 shares during the period. Commonwealth Equity Services LLC increased its holdings in iShares Global Tech ETF by 1.3% in the 2nd quarter. Commonwealth Equity Services LLC now owns 326,448 shares of the company’s stock worth $27,036,000 after acquiring an additional 4,104 shares in the last quarter. Finally, Parallel Advisors LLC raised its position in iShares Global Tech ETF by 1.1% during the second quarter. Parallel Advisors LLC now owns 257,711 shares of the company’s stock worth $21,344,000 after acquiring an additional 2,688 shares during the period.

iShares Global Tech ETF Stock Up 0.9 %

IXN opened at $86.85 on Friday. The firm’s fifty day simple moving average is $83.71 and its two-hundred day simple moving average is $81.91. iShares Global Tech ETF has a 52-week low of $64.93 and a 52-week high of $88.10. The company has a market cap of $5.18 billion, a price-to-earnings ratio of 34.17 and a beta of 1.37.

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.