3,348 Shares in iShares Global Tech ETF (NYSEARCA:IXN) Purchased by Valmark Advisers Inc.

Valmark Advisers Inc. bought a new position in iShares Global Tech ETF (NYSEARCA:IXN) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor bought 3,348 shares of the company’s stock, valued at approximately $228,000.

Several other hedge funds and other institutional investors have also modified their holdings of IXN. Planned Solutions Inc. acquired a new position in shares of iShares Global Tech ETF during the 4th quarter worth $27,000. Capital Investment Counsel Inc acquired a new position in iShares Global Tech ETF during the third quarter worth $33,000. Simplex Trading LLC raised its holdings in iShares Global Tech ETF by 11,000.0% during the third quarter. Simplex Trading LLC now owns 666 shares of the company’s stock valued at $38,000 after buying an additional 660 shares in the last quarter. Advisors Preferred LLC bought a new position in iShares Global Tech ETF during the third quarter valued at about $41,000. Finally, Venturi Wealth Management LLC lifted its position in shares of iShares Global Tech ETF by 33.0% in the third quarter. Venturi Wealth Management LLC now owns 782 shares of the company’s stock worth $45,000 after buying an additional 194 shares during the last quarter.

iShares Global Tech ETF Stock Performance

Shares of NYSEARCA IXN opened at $72.03 on Tuesday. The business’s 50-day simple moving average is $73.42 and its 200-day simple moving average is $68.68. iShares Global Tech ETF has a 52 week low of $53.01 and a 52 week high of $76.25. The firm has a market cap of $4.31 billion, a price-to-earnings ratio of 32.76 and a beta of 1.34.

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.