iShares Global Tech ETF (NYSEARCA:IXN) Stake Boosted by SteelPeak Wealth LLC

SteelPeak Wealth LLC raised its holdings in shares of iShares Global Tech ETF (NYSEARCA:IXN) by 5.5% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 3,050 shares of the company’s stock after purchasing an additional 160 shares during the period. SteelPeak Wealth LLC’s holdings in iShares Global Tech ETF were worth $253,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently modified their holdings of the company. Marks Group Wealth Management Inc grew its position in shares of iShares Global Tech ETF by 89.0% during the 4th quarter. Marks Group Wealth Management Inc now owns 52,917 shares of the company’s stock valued at $3,608,000 after buying an additional 24,913 shares during the last quarter. Sequoia Financial Advisors LLC bought a new position in shares of iShares Global Tech ETF during the fourth quarter valued at approximately $212,000. Financial Advocates Investment Management acquired a new stake in shares of iShares Global Tech ETF during the 4th quarter worth approximately $3,359,000. Gladstone Institutional Advisory LLC lifted its holdings in shares of iShares Global Tech ETF by 5.2% in the 4th quarter. Gladstone Institutional Advisory LLC now owns 32,781 shares of the company’s stock worth $2,235,000 after purchasing an additional 1,631 shares during the last quarter. Finally, Vermillion & White Wealth Management Group LLC acquired a new position in iShares Global Tech ETF during the 4th quarter valued at approximately $173,000.

iShares Global Tech ETF Trading Up 2.7 %

IXN traded up $2.14 during trading on Thursday, reaching $81.39. 247,476 shares of the company were exchanged, compared to its average volume of 281,289. The stock has a market cap of $4.85 billion, a P/E ratio of 34.17 and a beta of 1.37. iShares Global Tech ETF has a 52 week low of $56.30 and a 52 week high of $88.10. The firm has a 50 day moving average of $81.52 and a 200 day moving average of $76.47.

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.