Hsbc Holdings PLC Purchases New Holdings in iShares Global Tech ETF $IXN

Hsbc Holdings PLC acquired a new position in iShares Global Tech ETF (NYSEARCA:IXN) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund acquired 18,000 shares of the company’s stock, valued at approximately $1,890,000.

Several other large investors have also recently bought and sold shares of IXN. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main boosted its position in iShares Global Tech ETF by 14,762.6% in the 2nd quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main now owns 326,382 shares of the company’s stock valued at $30,138,000 after buying an additional 324,186 shares during the last quarter. Pictet Asset Management Holding SA raised its position in shares of iShares Global Tech ETF by 76.4% during the fourth quarter. Pictet Asset Management Holding SA now owns 702,260 shares of the company’s stock worth $74,454,000 after acquiring an additional 304,160 shares during the last quarter. Bank of America Corp DE raised its position in shares of iShares Global Tech ETF by 8.7% during the second quarter. Bank of America Corp DE now owns 2,398,815 shares of the company’s stock worth $221,507,000 after acquiring an additional 191,600 shares during the last quarter. HighTower Advisors LLC lifted its stake in shares of iShares Global Tech ETF by 229.0% during the fourth quarter. HighTower Advisors LLC now owns 224,535 shares of the company’s stock valued at $23,576,000 after acquiring an additional 156,283 shares during the period. Finally, Northwestern Mutual Wealth Management Co. lifted its stake in shares of iShares Global Tech ETF by 202.2% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 189,182 shares of the company’s stock valued at $19,864,000 after acquiring an additional 126,580 shares during the period.

iShares Global Tech ETF Stock Up 1.7%

iShares Global Tech ETF stock opened at $140.51 on Tuesday. The business’s 50-day simple moving average is $134.17 and its 200 day simple moving average is $115.72. The stock has a market cap of $9.14 billion, a price-to-earnings ratio of 34.73 and a beta of 1.36. iShares Global Tech ETF has a 12-month low of $90.76 and a 12-month high of $149.83.

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.