Shares of iShares Global Tech ETF (NYSEARCA:IXN – Get Free Report) saw unusually-high trading volume on Friday . Approximately 1,267,657 shares changed hands during trading, an increase of 192% from the previous session’s volume of 434,053 shares.The stock last traded at $83.79 and had previously closed at $85.76.
iShares Global Tech ETF Trading Down 2.5 %
The stock has a market cap of $4.99 billion, a price-to-earnings ratio of 34.17 and a beta of 1.37. The company has a fifty day simple moving average of $84.83 and a 200-day simple moving average of $82.62.
Institutional Trading of iShares Global Tech ETF
Large investors have recently made changes to their positions in the stock. RPg Family Wealth Advisory LLC bought a new stake in shares of iShares Global Tech ETF in the 3rd quarter valued at approximately $28,000. Highline Wealth Partners LLC acquired a new stake in iShares Global Tech ETF in the third quarter worth about $61,000. Goodman Advisory Group LLC bought a new position in iShares Global Tech ETF in the third quarter valued at approximately $70,000. Morse Asset Management Inc acquired a new stake in shares of iShares Global Tech ETF during the third quarter worth $83,000. Finally, Sunbelt Securities Inc. grew its position in shares of iShares Global Tech ETF by 53.0% during the 3rd quarter. Sunbelt Securities Inc. now owns 2,310 shares of the company’s stock worth $191,000 after buying an additional 800 shares during the period.
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.
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