Maryland Capital Management boosted its stake in shares of iShares Global Tech ETF (NYSEARCA:IXN) by 9.8% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 7,294 shares of the company’s stock after buying an additional 652 shares during the period. Maryland Capital Management owned 0.05% of iShares Global Tech ETF worth $1,248,000 as of its most recent filing with the Securities & Exchange Commission.
Other institutional investors also recently bought and sold shares of the company. Envestnet Asset Management Inc. increased its position in shares of iShares Global Tech ETF by 19.4% during the first quarter. Envestnet Asset Management Inc. now owns 2,751,560 shares of the company’s stock worth $470,709,000 after purchasing an additional 447,151 shares in the last quarter. Park Avenue Securities LLC acquired a new stake in iShares Global Tech ETF during the 1st quarter worth about $70,063,000. Ellis Investment Partners LLC lifted its position in iShares Global Tech ETF by 17,011.2% during the 1st quarter. Ellis Investment Partners LLC now owns 399,376 shares of the company’s stock worth $399,000 after acquiring an additional 397,042 shares during the period. BlackRock Inc. lifted its position in iShares Global Tech ETF by 55.1% during the 4th quarter. BlackRock Inc. now owns 798,895 shares of the company’s stock worth $115,064,000 after acquiring an additional 283,808 shares during the period. Finally, LPL Financial LLC lifted its position in iShares Global Tech ETF by 33.0% during the 4th quarter. LPL Financial LLC now owns 507,932 shares of the company’s stock worth $73,157,000 after acquiring an additional 125,933 shares during the period.
IXN traded up $0.37 on Friday, reaching $179.53. 26,128 shares of the stock were exchanged, compared to its average volume of 102,716. The firm’s 50-day moving average is $173.10. iShares Global Tech ETF has a fifty-two week low of $134.75 and a fifty-two week high of $183.31.
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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