Shira Ridge Wealth Management Acquires 1,874 Shares of iShares Global Tech ETF (NYSEARCA:IXN)

Shira Ridge Wealth Management raised its stake in iShares Global Tech ETF (NYSEARCA:IXN) by 1.0% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 195,624 shares of the company’s stock after acquiring an additional 1,874 shares during the period. iShares Global Tech ETF accounts for about 8.1% of Shira Ridge Wealth Management’s holdings, making the stock its 3rd biggest holding. Shira Ridge Wealth Management’s holdings in iShares Global Tech ETF were worth $16,579,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in the stock. International Assets Investment Management LLC boosted its stake in shares of iShares Global Tech ETF by 9,022.6% during the 3rd quarter. International Assets Investment Management LLC now owns 358,428 shares of the company’s stock worth $29,581,000 after buying an additional 354,499 shares during the last quarter. Jane Street Group LLC grew its stake in shares of iShares Global Tech ETF by 269.8% in the third quarter. Jane Street Group LLC now owns 209,970 shares of the company’s stock valued at $17,329,000 after buying an additional 153,183 shares in the last quarter. Flow Traders U.S. LLC bought a new position in shares of iShares Global Tech ETF in the 3rd quarter valued at about $2,803,000. Shum Financial Group Inc. bought a new position in iShares Global Tech ETF during the third quarter worth about $1,569,000. Finally, Private Advisor Group LLC increased its position in iShares Global Tech ETF by 47.9% during the third quarter. Private Advisor Group LLC now owns 58,800 shares of the company’s stock worth $4,853,000 after buying an additional 19,050 shares during the last quarter.

iShares Global Tech ETF Price Performance

NYSEARCA:IXN opened at $82.91 on Tuesday. The firm’s fifty day moving average price is $84.93 and its two-hundred day moving average price is $82.63. The company has a market cap of $4.95 billion, a P/E ratio of 34.17 and a beta of 1.37. iShares Global Tech ETF has a one year low of $66.65 and a one year high of $88.40.

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.