PPS&V Asset Management Consultants Inc. Invests $203,000 in iShares Global Tech ETF (NYSEARCA:IXN)

PPS&V Asset Management Consultants Inc. purchased a new stake in iShares Global Tech ETF (NYSEARCA:IXN) in the fourth quarter, according to its most recent filing with the SEC. The fund purchased 2,400 shares of the company’s stock, valued at approximately $203,000.

Several other institutional investors and hedge funds have also made changes to their positions in IXN. Envestnet Asset Management Inc. lifted its position in shares of iShares Global Tech ETF by 8.4% in the 2nd quarter. Envestnet Asset Management Inc. now owns 183,732 shares of the company’s stock worth $15,217,000 after buying an additional 14,300 shares during the last quarter. Sanctuary Advisors LLC acquired a new stake in iShares Global Tech ETF during the second quarter worth about $783,000. VitalStone Financial LLC lifted its holdings in iShares Global Tech ETF by 0.9% in the third quarter. VitalStone Financial LLC now owns 25,663 shares of the company’s stock worth $2,118,000 after acquiring an additional 224 shares during the last quarter. Townsquare Capital LLC boosted its stake in iShares Global Tech ETF by 16.1% in the third quarter. Townsquare Capital LLC now owns 3,197 shares of the company’s stock valued at $264,000 after acquiring an additional 444 shares during the period. Finally, Blue Trust Inc. grew its holdings in shares of iShares Global Tech ETF by 4.0% during the third quarter. Blue Trust Inc. now owns 4,000 shares of the company’s stock valued at $331,000 after purchasing an additional 155 shares during the last quarter.

iShares Global Tech ETF Price Performance

Shares of NYSEARCA IXN traded down $0.89 during mid-day trading on Monday, hitting $82.98. The company had a trading volume of 284,548 shares, compared to its average volume of 471,864. The stock has a market cap of $4.95 billion, a price-to-earnings ratio of 34.17 and a beta of 1.37. The firm’s 50 day simple moving average is $84.89 and its two-hundred day simple moving average is $82.63. iShares Global Tech ETF has a 12 month low of $66.65 and a 12 month high of $88.40.

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.