Cambria Investment Management L.P. Acquires Shares of 89,240 iShares Global Tech ETF $IXN

Cambria Investment Management L.P. acquired a new stake in iShares Global Tech ETF (NYSEARCA:IXN) during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 89,240 shares of the company’s stock, valued at approximately $9,210,000. Cambria Investment Management L.P. owned 0.15% of iShares Global Tech ETF at the end of the most recent reporting period.

A number of other hedge funds also recently modified their holdings of IXN. Larson Financial Group LLC bought a new position in iShares Global Tech ETF in the 3rd quarter valued at about $28,000. West Branch Capital LLC acquired a new stake in iShares Global Tech ETF during the third quarter worth approximately $36,000. Manning & Napier Advisors LLC bought a new stake in shares of iShares Global Tech ETF during the third quarter worth approximately $39,000. Triumph Capital Management bought a new stake in shares of iShares Global Tech ETF during the third quarter worth approximately $54,000. Finally, Mather Group LLC. acquired a new position in shares of iShares Global Tech ETF in the third quarter valued at approximately $81,000.

iShares Global Tech ETF Trading Down 1.3%

Shares of NYSEARCA IXN opened at $103.96 on Thursday. The firm has a market cap of $6.34 billion, a P/E ratio of 34.73 and a beta of 1.24. iShares Global Tech ETF has a 1-year low of $63.58 and a 1-year high of $112.78. The business’s 50 day moving average is $106.46 and its 200-day moving average is $104.94.

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.