Farmers National Bank Makes New $698,000 Investment in iShares Global Tech ETF $IXN

Farmers National Bank acquired a new stake in iShares Global Tech ETF (NYSEARCA:IXN) in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor acquired 6,650 shares of the company’s stock, valued at approximately $698,000.

Several other hedge funds have also added to or reduced their stakes in IXN. Flagship Harbor Advisors LLC bought a new position in iShares Global Tech ETF in the fourth quarter valued at approximately $25,000. Tucker Asset Management LLC acquired a new position in shares of iShares Global Tech ETF in the fourth quarter valued at approximately $28,000. Larson Financial Group LLC bought a new stake in shares of iShares Global Tech ETF during the third quarter worth $28,000. Mcguire Capital Advisors Inc. bought a new stake in shares of iShares Global Tech ETF during the fourth quarter worth $28,000. Finally, EFG International AG acquired a new stake in shares of iShares Global Tech ETF during the fourth quarter worth $32,000.

iShares Global Tech ETF Stock Performance

IXN opened at $146.33 on Friday. The stock has a market capitalization of $9.52 billion, a P/E ratio of 34.73 and a beta of 1.36. iShares Global Tech ETF has a 12 month low of $86.68 and a 12 month high of $149.83. The firm’s fifty day simple moving average is $130.59 and its 200 day simple moving average is $114.20.

iShares Global Tech ETF Company 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.