Raymond James Financial Inc. Purchases New Position in iShares Global Tech ETF (NYSEARCA:IXN)

Raymond James Financial Inc. acquired a new stake in iShares Global Tech ETF (NYSEARCA:IXNFree Report) in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund acquired 276,425 shares of the company’s stock, valued at approximately $23,427,000. Raymond James Financial Inc. owned 0.46% of iShares Global Tech ETF as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of IXN. Synergy Investment Management LLC bought a new stake in iShares Global Tech ETF in the 4th quarter valued at about $25,000. RPg Family Wealth Advisory LLC bought a new stake in iShares Global Tech ETF in the 3rd quarter valued at about $28,000. Hager Investment Management Services LLC bought a new stake in iShares Global Tech ETF in the 4th quarter valued at about $33,000. Halbert Hargrove Global Advisors LLC bought a new stake in iShares Global Tech ETF in the 4th quarter valued at about $44,000. Finally, Realta Investment Advisors bought a new stake in shares of iShares Global Tech ETF during the 4th quarter worth approximately $52,000.

iShares Global Tech ETF Trading Up 2.9 %

Shares of iShares Global Tech ETF stock opened at $78.42 on Friday. iShares Global Tech ETF has a 1-year low of $68.53 and a 1-year high of $88.62. The company has a market cap of $4.63 billion, a PE ratio of 32.89 and a beta of 1.15. The company has a 50 day moving average of $83.93 and a 200-day moving average of $83.37.

About iShares Global Tech ETF

(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.

See Also

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.