Halbert Hargrove Global Advisors LLC Takes Position in iShares Global Tech ETF (NYSEARCA:IXN)

Halbert Hargrove Global Advisors LLC purchased a new stake in shares of iShares Global Tech ETF (NYSEARCA:IXNFree Report) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 514 shares of the company’s stock, valued at approximately $44,000.

A number of other institutional investors have also recently made changes to their positions in the company. Hanover Advisors Inc. lifted its position in shares of iShares Global Tech ETF by 8.6% during the 4th quarter. Hanover Advisors Inc. now owns 13,981 shares of the company’s stock valued at $1,185,000 after buying an additional 1,110 shares during the last quarter. Verus Capital Partners LLC lifted its position in shares of iShares Global Tech ETF by 73.7% during the 4th quarter. Verus Capital Partners LLC now owns 5,667 shares of the company’s stock valued at $480,000 after buying an additional 2,405 shares during the last quarter. Summit Wealth Group LLC lifted its holdings in iShares Global Tech ETF by 1.2% during the 4th quarter. Summit Wealth Group LLC now owns 97,279 shares of the company’s stock worth $8,244,000 after purchasing an additional 1,161 shares in the last quarter. W.G. Shaheen & Associates DBA Whitney & Co lifted its holdings in iShares Global Tech ETF by 10.4% during the 4th quarter. W.G. Shaheen & Associates DBA Whitney & Co now owns 2,760 shares of the company’s stock worth $234,000 after purchasing an additional 260 shares in the last quarter. Finally, IFP Advisors Inc lifted its holdings in iShares Global Tech ETF by 1,654.8% during the 4th quarter. IFP Advisors Inc now owns 5,352 shares of the company’s stock worth $454,000 after purchasing an additional 5,047 shares in the last quarter.

iShares Global Tech ETF Stock Performance

Shares of IXN opened at $82.40 on Friday. The stock’s 50-day simple moving average is $85.45 and its 200 day simple moving average is $83.60. The stock has a market capitalization of $5.12 billion, a price-to-earnings ratio of 37.10 and a beta of 1.13. iShares Global Tech ETF has a 52-week low of $68.53 and a 52-week high of $88.62.

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.

Further Reading

Want to see what other hedge funds are holding IXN? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Global Tech ETF (NYSEARCA:IXNFree Report).

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

Receive News & Ratings for iShares Global Tech ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares Global Tech ETF and related companies with MarketBeat.com's FREE daily email newsletter.