BB&T Securities LLC lowered its stake in shares of iShares Global Tech ETF (NYSEARCA:IXN) by 8.0% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 10,503 shares of the company’s stock after selling 915 shares during the period. BB&T Securities LLC owned 0.07% of iShares Global Tech ETF worth $1,885,000 at the end of the most recent quarter.
Other large investors have also recently added to or reduced their stakes in the company. Envestnet Asset Management Inc. increased its holdings in iShares Global Tech ETF by 19.4% in the 1st quarter. Envestnet Asset Management Inc. now owns 2,751,560 shares of the company’s stock valued at $470,709,000 after buying an additional 447,151 shares during the period. Park Avenue Securities LLC bought a new stake in shares of iShares Global Tech ETF during the 1st quarter worth $70,063,000. SG Americas Securities LLC acquired a new stake in iShares Global Tech ETF in the second quarter valued at about $18,051,000. Wells Fargo & Company MN grew its position in iShares Global Tech ETF by 26.6% in the first quarter. Wells Fargo & Company MN now owns 263,038 shares of the company’s stock valued at $44,998,000 after acquiring an additional 55,258 shares during the last quarter. Finally, Advisor Group Inc. raised its stake in iShares Global Tech ETF by 17.6% during the first quarter. Advisor Group Inc. now owns 321,828 shares of the company’s stock worth $55,071,000 after acquiring an additional 48,099 shares in the last quarter.
Shares of iShares Global Tech ETF stock opened at $185.59 on Monday. The company’s 50 day moving average price is $180.76 and its two-hundred day moving average price is $175.51. iShares Global Tech ETF has a fifty-two week low of $134.75 and a fifty-two week high of $188.59.
iShares Global Tech ETF Company 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.
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