Principal Securities Inc. Acquires 352 Shares of iShares Global Tech ETF (NYSEARCA:IXN)

Principal Securities Inc. raised its holdings in shares of iShares Global Tech ETF (NYSEARCA:IXN) by 15.7% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,595 shares of the company’s stock after purchasing an additional 352 shares during the quarter. Principal Securities Inc.’s holdings in iShares Global Tech ETF were worth $220,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Park Avenue Securities LLC purchased a new position in iShares Global Tech ETF during the 4th quarter worth $201,000. Townsquare Capital LLC boosted its holdings in iShares Global Tech ETF by 16.1% during the 3rd quarter. Townsquare Capital LLC now owns 3,197 shares of the company’s stock worth $264,000 after acquiring an additional 444 shares during the last quarter. US Bancorp DE boosted its holdings in iShares Global Tech ETF by 6.3% during the 3rd quarter. US Bancorp DE now owns 17,401 shares of the company’s stock worth $1,436,000 after acquiring an additional 1,025 shares during the last quarter. International Assets Investment Management LLC boosted its holdings in iShares Global Tech ETF by 9,022.6% during the 3rd quarter. International Assets Investment Management LLC now owns 358,428 shares of the company’s stock worth $29,581,000 after acquiring an additional 354,499 shares during the last quarter. Finally, RPg Family Wealth Advisory LLC purchased a new position in iShares Global Tech ETF during the 3rd quarter worth $28,000.

iShares Global Tech ETF Price Performance

IXN opened at $86.12 on Monday. The company has a market capitalization of $5.35 billion, a price-to-earnings ratio of 37.10 and a beta of 1.13. The firm’s fifty day moving average price is $85.70 and its two-hundred day moving average price is $83.41. iShares Global Tech ETF has a 1 year low of $68.53 and a 1 year high of $88.62.

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.