Catalyst Investment Management LLC Purchases Shares of 7,907 iShares Global Tech ETF $IXN

Catalyst Investment Management LLC purchased a new stake in iShares Global Tech ETF (NYSEARCA:IXN) during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund purchased 7,907 shares of the company’s stock, valued at approximately $830,000.

Other hedge funds have also recently made changes to their positions in the company. Mcguire Capital Advisors Inc. acquired a new stake in iShares Global Tech ETF in the 4th quarter valued at approximately $28,000. ATX Financial Planning LLC acquired a new position in iShares Global Tech ETF during the fourth quarter worth $427,000. Beacon Pointe Advisors LLC lifted its stake in iShares Global Tech ETF by 20.9% during the fourth quarter. Beacon Pointe Advisors LLC now owns 12,857 shares of the company’s stock worth $1,350,000 after purchasing an additional 2,225 shares in the last quarter. EP Wealth Advisors LLC purchased a new position in shares of iShares Global Tech ETF during the fourth quarter worth $478,000. Finally, Zacks Investment Management purchased a new position in shares of iShares Global Tech ETF during the fourth quarter worth $375,000.

iShares Global Tech ETF Trading Up 3.8%

Shares of NYSEARCA IXN opened at $146.33 on Friday. iShares Global Tech ETF has a twelve month low of $86.68 and a twelve month high of $149.83. The stock has a fifty day simple moving average of $129.81 and a 200-day simple moving average of $113.98. The stock has a market capitalization of $9.52 billion, a PE ratio of 34.73 and a beta of 1.36.

iShares Global Tech ETF Profile

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.