Maridea Wealth Management LLC Invests $1.47 Million in iShares Global Tech ETF (NYSEARCA:IXN)

Maridea Wealth Management LLC acquired a new position in shares of iShares Global Tech ETF (NYSEARCA:IXN) in the fourth quarter, Holdings Channel reports. The institutional investor acquired 17,395 shares of the company’s stock, valued at approximately $1,474,000.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. Blue Trust Inc. increased its position in shares of iShares Global Tech ETF by 3.3% during the fourth quarter. Blue Trust Inc. now owns 4,130 shares of the company’s stock valued at $341,000 after acquiring an additional 130 shares during the last quarter. Keystone Wealth Services LLC increased its holdings in iShares Global Tech ETF by 1.2% in the 4th quarter. Keystone Wealth Services LLC now owns 11,080 shares of the company’s stock valued at $939,000 after purchasing an additional 132 shares during the last quarter. PFG Advisors raised its position in iShares Global Tech ETF by 2.9% in the fourth quarter. PFG Advisors now owns 5,241 shares of the company’s stock valued at $444,000 after purchasing an additional 147 shares during the period. Key Client Fiduciary Advisors LLC lifted its stake in iShares Global Tech ETF by 5.1% during the fourth quarter. Key Client Fiduciary Advisors LLC now owns 3,140 shares of the company’s stock worth $266,000 after purchasing an additional 152 shares in the last quarter. Finally, Flagship Private Wealth LLC boosted its position in shares of iShares Global Tech ETF by 0.3% during the fourth quarter. Flagship Private Wealth LLC now owns 50,739 shares of the company’s stock worth $4,300,000 after buying an additional 163 shares during the period.

iShares Global Tech ETF Trading Down 2.6 %

Shares of NYSEARCA IXN opened at $75.73 on Friday. The stock has a market capitalization of $4.62 billion, a PE ratio of 32.70 and a beta of 1.15. iShares Global Tech ETF has a twelve month low of $68.53 and a twelve month high of $88.62. The stock has a fifty day simple moving average of $82.63 and a 200-day simple moving average of $83.32.

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.