Richardson Capital Management LLC Raises Stock Holdings in iShares Global Tech ETF (NYSEARCA:IXN)

Richardson Capital Management LLC grew its position in iShares Global Tech ETF (NYSEARCA:IXN) by 326.7% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 3,529 shares of the company’s stock after acquiring an additional 2,702 shares during the quarter. iShares Global Tech ETF comprises approximately 0.2% of Richardson Capital Management LLC’s portfolio, making the stock its 25th biggest position. Richardson Capital Management LLC’s holdings in iShares Global Tech ETF were worth $299,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of the business. Blue Trust Inc. raised its stake in iShares Global Tech ETF by 3.3% during the 4th quarter. Blue Trust Inc. now owns 4,130 shares of the company’s stock valued at $341,000 after acquiring an additional 130 shares during the last quarter. Key Client Fiduciary Advisors LLC lifted its holdings in shares of iShares Global Tech ETF by 5.1% in the 4th quarter. Key Client Fiduciary Advisors LLC now owns 3,140 shares of the company’s stock valued at $266,000 after buying an additional 152 shares during the period. Flagship Private Wealth LLC lifted its holdings in iShares Global Tech ETF by 0.3% in the fourth quarter. Flagship Private Wealth LLC now owns 50,739 shares of the company’s stock valued at $4,300,000 after acquiring an additional 163 shares during the period. Key Financial Inc boosted its holdings in iShares Global Tech ETF by 7.3% during the fourth quarter. Key Financial Inc now owns 2,438 shares of the company’s stock worth $207,000 after buying an additional 166 shares in the last quarter. Finally, Harbour Investments Inc. boosted its stake in shares of iShares Global Tech ETF by 9.2% during the 3rd quarter. Harbour Investments Inc. now owns 2,814 shares of the company’s stock worth $232,000 after acquiring an additional 238 shares in the last quarter.

iShares Global Tech ETF Stock Performance

iShares Global Tech ETF stock opened at $86.12 on Friday. iShares Global Tech ETF has a fifty-two week low of $68.53 and a fifty-two week high of $88.62. The firm has a market capitalization of $5.35 billion, a price-to-earnings ratio of 37.10 and a beta of 1.13. The stock’s fifty day moving average is $85.70 and its two-hundred day moving average is $83.34.

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.