Cetera Investment Advisers Boosts Holdings in iShares Global Tech ETF (NYSEARCA:IXN)

Cetera Investment Advisers boosted its position in shares of iShares Global Tech ETF (NYSEARCA:IXN) by 19.8% in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 148,986 shares of the company’s stock after acquiring an additional 24,659 shares during the period. Cetera Investment Advisers owned 0.26% of iShares Global Tech ETF worth $11,284,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Balance Wealth LLC purchased a new stake in iShares Global Tech ETF during the first quarter valued at approximately $1,056,000. Renaissance Technologies LLC purchased a new position in shares of iShares Global Tech ETF in the fourth quarter worth $873,000. MGO One Seven LLC raised its holdings in shares of iShares Global Tech ETF by 3.2% in the fourth quarter. MGO One Seven LLC now owns 7,705 shares of the company’s stock worth $653,000 after buying an additional 238 shares during the last quarter. Kingswood Wealth Advisors LLC raised its holdings in shares of iShares Global Tech ETF by 76.4% in the first quarter. Kingswood Wealth Advisors LLC now owns 7,745 shares of the company’s stock worth $591,000 after buying an additional 3,355 shares during the last quarter. Finally, Keystone Financial Group purchased a new position in shares of iShares Global Tech ETF in the fourth quarter worth $2,105,000.

iShares Global Tech ETF Trading Up 0.4%

NYSEARCA IXN opened at $96.33 on Thursday. The company has a fifty day simple moving average of $90.12 and a two-hundred day simple moving average of $83.49. The stock has a market cap of $5.74 billion, a P/E ratio of 34.73 and a beta of 1.15. iShares Global Tech ETF has a 12-month low of $63.58 and a 12-month high of $97.02.

About iShares Global Tech ETF

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.