Sovran Advisors LLC Takes $222,000 Position in iShares Global Tech ETF (NYSEARCA:IXN)

Sovran Advisors LLC acquired a new position in iShares Global Tech ETF (NYSEARCA:IXN) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund acquired 2,676 shares of the company’s stock, valued at approximately $222,000.

Several other large investors have also recently bought and sold shares of the company. RPg Family Wealth Advisory LLC bought a new stake in shares of iShares Global Tech ETF during the third quarter worth $28,000. Hager Investment Management Services LLC acquired a new stake in iShares Global Tech ETF in the fourth quarter worth about $33,000. Realta Investment Advisors acquired a new stake in iShares Global Tech ETF in the fourth quarter worth about $52,000. Highline Wealth Partners LLC bought a new stake in iShares Global Tech ETF during the 3rd quarter worth about $61,000. Finally, Goodman Advisory Group LLC acquired a new position in iShares Global Tech ETF during the 3rd quarter valued at about $70,000.

iShares Global Tech ETF Price Performance

Shares of NYSEARCA:IXN opened at $87.33 on Friday. The stock has a market cap of $5.21 billion, a price-to-earnings ratio of 34.17 and a beta of 1.37. The company has a 50 day moving average of $85.50 and a 200-day moving average of $82.80. iShares Global Tech ETF has a one year low of $68.53 and a one year high of $88.40.

iShares Global Tech ETF 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.