iShares Global Tech ETF (NYSEARCA:IXN) Sets New 12-Month High at $56.89

iShares Global Tech ETF (NYSEARCA:IXNGet Rating) shares reached a new 52-week high during trading on Monday . The company traded as high as $56.89 and last traded at $56.88, with a volume of 21284 shares trading hands. The stock had previously closed at $56.69.

iShares Global Tech ETF Stock Performance

The stock’s 50-day moving average is $53.60 and its 200 day moving average is $50.04. The firm has a market cap of $3.27 billion, a P/E ratio of 22.95 and a beta of 1.15.

Institutional Trading of iShares Global Tech ETF

Large investors have recently made changes to their positions in the company. Fisher Asset Management LLC increased its holdings in iShares Global Tech ETF by 6.5% during the 1st quarter. Fisher Asset Management LLC now owns 6,162,459 shares of the company’s stock worth $334,991,000 after purchasing an additional 378,008 shares in the last quarter. Summit Wealth Group LLC bought a new position in iShares Global Tech ETF during the 1st quarter worth about $87,000. JPMorgan Chase & Co. increased its holdings in iShares Global Tech ETF by 6.5% during the 4th quarter. JPMorgan Chase & Co. now owns 2,758,200 shares of the company’s stock worth $123,650,000 after purchasing an additional 168,809 shares in the last quarter. Credit Suisse AG increased its holdings in iShares Global Tech ETF by 1.0% during the 4th quarter. Credit Suisse AG now owns 2,235,633 shares of the company’s stock worth $100,223,000 after purchasing an additional 22,661 shares in the last quarter. Finally, Jane Street Group LLC increased its holdings in iShares Global Tech ETF by 124.0% during the 4th quarter. Jane Street Group LLC now owns 1,929,136 shares of the company’s stock worth $86,483,000 after purchasing an additional 1,067,763 shares in the last quarter.

iShares Global Tech ETF Company Profile

(Get Rating)

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.

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