Hsbc Holdings PLC Buys Shares of 18,000 iShares Global Tech ETF $IXN

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

Several other large investors also recently modified their holdings of the company. Brighton Jones LLC grew its holdings in iShares Global Tech ETF by 16.7% during the 4th quarter. Brighton Jones LLC now owns 4,390 shares of the company’s stock worth $372,000 after acquiring an additional 627 shares during the period. Marshall Wace LLP bought a new stake in shares of iShares Global Tech ETF during the 2nd quarter valued at about $791,000. Gamco Investors INC. ET AL acquired a new stake in iShares Global Tech ETF during the second quarter worth approximately $554,000. NewEdge Advisors LLC increased its holdings in iShares Global Tech ETF by 0.6% in the second quarter. NewEdge Advisors LLC now owns 50,193 shares of the company’s stock worth $4,635,000 after purchasing an additional 306 shares in the last quarter. Finally, DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main increased its holdings in iShares Global Tech ETF by 14,762.6% in the second quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main now owns 326,382 shares of the company’s stock worth $30,138,000 after purchasing an additional 324,186 shares in the last quarter.

iShares Global Tech ETF Stock Performance

Shares of iShares Global Tech ETF stock traded up $0.30 on Friday, reaching $140.73. 195,123 shares of the company’s stock were exchanged, compared to its average volume of 373,677. The company has a market capitalization of $9.18 billion, a P/E ratio of 34.73 and a beta of 1.36. iShares Global Tech ETF has a 52 week low of $92.38 and a 52 week high of $149.83. The firm’s 50-day moving average is $137.89 and its two-hundred day moving average is $117.83.

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.