Raymond James Financial Services Advisors Inc. grew its position in iShares Global Tech ETF (NYSEARCA:IXN) by 4.3% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 45,538 shares of the company’s stock after purchasing an additional 1,895 shares during the period. Raymond James Financial Services Advisors Inc. owned approximately 0.33% of iShares Global Tech ETF worth $7,491,000 as of its most recent SEC filing.
Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in IXN. Centaurus Financial Inc. acquired a new position in iShares Global Tech ETF during the 1st quarter worth approximately $146,000. Daiwa SB Investments Ltd. acquired a new position in iShares Global Tech ETF during the 2nd quarter worth approximately $192,000. WealthTrust Axiom LLC purchased a new stake in iShares Global Tech ETF during the 1st quarter worth approximately $203,000. Madden Advisory Services Inc. purchased a new stake in iShares Global Tech ETF during the 1st quarter worth approximately $203,000. Finally, HL Financial Services LLC purchased a new stake in iShares Global Tech ETF during the 1st quarter worth approximately $260,000.
IXN stock traded up $0.23 during midday trading on Friday, hitting $176.42. 44,116 shares of the company’s stock were exchanged, compared to its average volume of 106,430. iShares Global Tech ETF has a 12-month low of $137.01 and a 12-month high of $177.61.
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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