Pinebridge Investments L.P. Acquires New Stake in iShares Global Tech ETF (NYSEARCA:IXN)

Pinebridge Investments L.P. bought a new position in iShares Global Tech ETF (NYSEARCA:IXNFree Report) during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 48,709 shares of the company’s stock, valued at approximately $3,321,000. Pinebridge Investments L.P. owned 0.08% of iShares Global Tech ETF as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in the business. HighTower Advisors LLC increased its position in iShares Global Tech ETF by 74.6% during the 3rd quarter. HighTower Advisors LLC now owns 65,168 shares of the company’s stock valued at $3,772,000 after purchasing an additional 27,851 shares during the period. Blair William & Co. IL lifted its holdings in iShares Global Tech ETF by 37.2% during the third quarter. Blair William & Co. IL now owns 5,246 shares of the company’s stock worth $303,000 after buying an additional 1,422 shares during the period. Citigroup Inc. increased its holdings in shares of iShares Global Tech ETF by 6.3% in the 3rd quarter. Citigroup Inc. now owns 23,403 shares of the company’s stock valued at $1,354,000 after acquiring an additional 1,396 shares during the period. Rollins Financial raised its position in shares of iShares Global Tech ETF by 2.2% in the 3rd quarter. Rollins Financial now owns 98,861 shares of the company’s stock worth $5,718,000 after acquiring an additional 2,146 shares in the last quarter. Finally, FCA Corp TX lifted its stake in shares of iShares Global Tech ETF by 3.1% during the 3rd quarter. FCA Corp TX now owns 71,111 shares of the company’s stock worth $4,113,000 after purchasing an additional 2,161 shares during the last quarter.

iShares Global Tech ETF Stock Up 0.1 %

Shares of IXN opened at $79.17 on Friday. The company has a 50 day moving average of $74.39 and a two-hundred day moving average of $71.63. The company has a market cap of $4.72 billion, a price-to-earnings ratio of 34.17 and a beta of 1.37. iShares Global Tech ETF has a twelve month low of $56.30 and a twelve month high of $79.62.

iShares Global Tech ETF Profile

(Free Report)

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.

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Institutional Ownership by Quarter for iShares Global Tech ETF (NYSEARCA:IXN)

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