Sanctuary Advisors LLC Has $1.50 Million Position in iShares Global Tech ETF (NYSEARCA:IXN)

Sanctuary Advisors LLC raised its stake in iShares Global Tech ETF (NYSEARCA:IXN) by 90.2% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 17,991 shares of the company’s stock after buying an additional 8,534 shares during the quarter. Sanctuary Advisors LLC’s holdings in iShares Global Tech ETF were worth $1,500,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. J.W. Cole Advisors Inc. grew its holdings in shares of iShares Global Tech ETF by 3.0% during the 2nd quarter. J.W. Cole Advisors Inc. now owns 4,628 shares of the company’s stock valued at $383,000 after acquiring an additional 135 shares in the last quarter. VitalStone Financial LLC grew its stake in iShares Global Tech ETF by 0.6% in the second quarter. VitalStone Financial LLC now owns 25,439 shares of the company’s stock valued at $2,107,000 after purchasing an additional 147 shares in the last quarter. Blue Trust Inc. increased its position in iShares Global Tech ETF by 4.0% in the 3rd quarter. Blue Trust Inc. now owns 4,000 shares of the company’s stock worth $331,000 after purchasing an additional 155 shares during the last quarter. Front Row Advisors LLC increased its position in iShares Global Tech ETF by 1.0% in the 2nd quarter. Front Row Advisors LLC now owns 20,354 shares of the company’s stock worth $1,686,000 after purchasing an additional 201 shares during the last quarter. Finally, Concourse Financial Group Securities Inc. raised its stake in shares of iShares Global Tech ETF by 14.0% during the 2nd quarter. Concourse Financial Group Securities Inc. now owns 1,692 shares of the company’s stock worth $140,000 after purchasing an additional 208 shares in the last quarter.

iShares Global Tech ETF Stock Performance

Shares of NYSEARCA IXN opened at $85.61 on Friday. The business has a 50 day simple moving average of $84.02 and a 200 day simple moving average of $82.19. iShares Global Tech ETF has a 52 week low of $64.93 and a 52 week high of $88.10. The stock has a market cap of $5.11 billion, a price-to-earnings ratio of 34.17 and a beta of 1.37.

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.