Sequoia Financial Advisors LLC Purchases 359 Shares of iShares Global Tech ETF (NYSEARCA:IXN)

Sequoia Financial Advisors LLC lifted its position in shares of iShares Global Tech ETF (NYSEARCA:IXN) by 11.6% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 3,467 shares of the company’s stock after purchasing an additional 359 shares during the period. Sequoia Financial Advisors LLC’s holdings in iShares Global Tech ETF were worth $263,000 at the end of the most recent quarter.

A number of other large investors also recently made changes to their positions in IXN. Brighton Jones LLC lifted its position in shares of iShares Global Tech ETF by 16.7% during the fourth quarter. Brighton Jones LLC now owns 4,390 shares of the company’s stock valued at $372,000 after purchasing an additional 627 shares in the last quarter. SRS Capital Advisors Inc. lifted its position in shares of iShares Global Tech ETF by 128,200.0% during the fourth quarter. SRS Capital Advisors Inc. now owns 1,283 shares of the company’s stock valued at $109,000 after purchasing an additional 1,282 shares in the last quarter. Synergy Investment Management LLC bought a new position in shares of iShares Global Tech ETF during the fourth quarter valued at about $25,000. Raymond James Financial Inc. bought a new position in shares of iShares Global Tech ETF during the fourth quarter valued at about $23,427,000. Finally, Ashton Thomas Private Wealth LLC bought a new position in shares of iShares Global Tech ETF during the fourth quarter valued at about $1,256,000.

iShares Global Tech ETF Price Performance

IXN opened at $93.33 on Friday. iShares Global Tech ETF has a fifty-two week low of $63.58 and a fifty-two week high of $93.69. The company’s 50-day moving average is $84.99 and its 200 day moving average is $82.36. The firm has a market capitalization of $5.60 billion, a P/E ratio of 32.98 and a beta of 1.15.

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.