Vickerman Investment Advisors Inc. Raises Stock Holdings in iShares Global Tech ETF (NYSEARCA:IXN)

Vickerman Investment Advisors Inc. grew its stake in shares of iShares Global Tech ETF (NYSEARCA:IXN) by 5.1% during the third quarter, Holdings Channel.com reports. The institutional investor owned 134,040 shares of the company’s stock after acquiring an additional 6,494 shares during the quarter. iShares Global Tech ETF comprises approximately 3.3% of Vickerman Investment Advisors Inc.’s investment portfolio, making the stock its 5th largest position. Vickerman Investment Advisors Inc.’s holdings in iShares Global Tech ETF were worth $11,062,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Rothschild Investment LLC bought a new position in iShares Global Tech ETF during the second quarter worth about $26,000. ORG Partners LLC acquired a new stake in shares of iShares Global Tech ETF during the second quarter worth about $60,000. Highline Wealth Partners LLC acquired a new stake in shares of iShares Global Tech ETF during the third quarter worth about $61,000. Family Firm Inc. acquired a new stake in shares of iShares Global Tech ETF during the second quarter worth about $95,000. Finally, Concourse Financial Group Securities Inc. raised its position in shares of iShares Global Tech ETF by 14.0% during the second 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 during the period.

iShares Global Tech ETF Price Performance

NYSEARCA IXN opened at $83.37 on Thursday. The firm has a market cap of $4.97 billion, a P/E ratio of 34.17 and a beta of 1.37. The stock’s 50-day moving average is $81.49 and its 200-day moving average is $79.95. iShares Global Tech ETF has a one year low of $61.22 and a one year high of $88.10.

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.