MGO One Seven LLC Invests $321,000 in iShares Global Tech ETF (NYSEARCA:IXN)

MGO One Seven LLC bought a new position in shares of iShares Global Tech ETF (NYSEARCA:IXNFree Report) in the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 5,902 shares of the company’s stock, valued at approximately $321,000.

A number of other large investors have also recently added to or reduced their stakes in IXN. Venturi Wealth Management LLC acquired a new stake in shares of iShares Global Tech ETF during the 1st quarter worth about $33,000. Tower Research Capital LLC TRC boosted its stake in shares of iShares Global Tech ETF by 626.3% in the 3rd quarter. Tower Research Capital LLC TRC now owns 857 shares of the company’s stock valued at $36,000 after purchasing an additional 739 shares in the last quarter. Global Wealth Management Investment Advisory Inc. acquired a new stake in shares of iShares Global Tech ETF in the 1st quarter valued at approximately $39,000. Compass Wealth Management LLC acquired a new stake in iShares Global Tech ETF during the 4th quarter worth approximately $51,000. Finally, Retirement Group LLC boosted its position in iShares Global Tech ETF by 56.2% during the 4th quarter. Retirement Group LLC now owns 1,726 shares of the company’s stock worth $77,000 after buying an additional 621 shares during the period.

iShares Global Tech ETF Price Performance

NYSEARCA:IXN opened at $59.31 on Wednesday. The company has a market cap of $3.55 billion, a PE ratio of 22.95 and a beta of 1.15. iShares Global Tech ETF has a one year low of $40.31 and a one year high of $64.76. The firm’s 50 day simple moving average is $61.61 and its 200 day simple moving average is $56.00.

About iShares Global Tech ETF

(Free Report)

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.

Further Reading

Institutional Ownership by Quarter for iShares Global Tech ETF (NYSEARCA:IXN)

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