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:IXN) 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

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.