iShares Global Tech ETF (NYSEARCA:IXN) Reaches New 52-Week High at $76.98

iShares Global Tech ETF (NYSEARCA:IXN) shares hit a new 52-week high on Tuesday . The stock traded as high as $76.98 and last traded at $76.85, with a volume of 33663 shares trading hands. The stock had previously closed at $76.84.

iShares Global Tech ETF Price Performance

The stock has a market capitalization of $4.60 billion, a price-to-earnings ratio of 34.17 and a beta of 1.37. The stock’s 50 day simple moving average is $73.64 and its 200-day simple moving average is $70.47.

Institutional Trading of iShares Global Tech ETF

Several large investors have recently made changes to their positions in the stock. Howe & Rusling Inc. acquired a new stake in iShares Global Tech ETF in the 4th quarter valued at approximately $25,000. Planned Solutions Inc. acquired a new stake in shares of iShares Global Tech ETF in the fourth quarter worth $27,000. LifeSteps Financial Inc. acquired a new stake in shares of iShares Global Tech ETF in the first quarter worth $33,000. Jones Financial Companies Lllp bought a new position in iShares Global Tech ETF during the fourth quarter worth $45,000. Finally, Sound Income Strategies LLC acquired a new position in iShares Global Tech ETF during the 4th quarter valued at $45,000.

iShares Global Tech ETF Company 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.