Fifth Third Bancorp raised its stake in iShares Global Tech ETF (NYSEARCA:IXN – Free Report) by 461.3% in the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 36,071 shares of the company’s stock after acquiring an additional 29,645 shares during the period. Fifth Third Bancorp’s holdings in iShares Global Tech ETF were worth $3,606,000 as of its most recent SEC filing.
Other institutional investors also recently made changes to their positions in the company. Flagship Harbor Advisors LLC acquired a new stake in shares of iShares Global Tech ETF during the 4th quarter worth approximately $25,000. Tucker Asset Management LLC acquired a new position in iShares Global Tech ETF during the 4th quarter valued at approximately $28,000. Bayban acquired a new position in iShares Global Tech ETF during the 1st quarter valued at approximately $28,000. Larson Financial Group LLC bought a new position in iShares Global Tech ETF during the 3rd quarter worth $28,000. Finally, Mcguire Capital Advisors Inc. bought a new position in iShares Global Tech ETF during the 4th quarter worth $28,000.
iShares Global Tech ETF Price Performance
Shares of NYSEARCA IXN opened at $132.62 on Monday. The firm has a market capitalization of $8.67 billion, a PE ratio of 34.73 and a beta of 1.36. iShares Global Tech ETF has a 1-year low of $93.27 and a 1-year high of $149.83. The business’s fifty day moving average price is $138.79 and its two-hundred day moving average price is $118.99.
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.
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