iShares Global Tech ETF (NYSEARCA:IXN) Sees Unusually-High Trading Volume – Here’s What Happened

iShares Global Tech ETF (NYSEARCA:IXN) saw an uptick in trading volume on Friday . 361,396 shares changed hands during mid-day trading, an increase of 15% from the previous session’s volume of 313,221 shares.The stock last traded at $80.75 and had previously closed at $81.44.

iShares Global Tech ETF Trading Up 1.2 %

The stock’s 50 day moving average price is $85.45 and its 200 day moving average price is $83.60. The firm has a market cap of $5.12 billion, a PE ratio of 37.10 and a beta of 1.13.

Institutional Investors Weigh In On iShares Global Tech ETF

Large investors have recently added to or reduced their stakes in the company. Synergy Investment Management LLC acquired a new stake in iShares Global Tech ETF during the 4th quarter valued at $25,000. RPg Family Wealth Advisory LLC acquired a new position in iShares Global Tech ETF during the 3rd quarter worth $28,000. Hager Investment Management Services LLC acquired a new position in iShares Global Tech ETF during the 4th quarter worth $33,000. Halbert Hargrove Global Advisors LLC acquired a new position in iShares Global Tech ETF during the 4th quarter worth $44,000. Finally, Flagship Wealth Advisors LLC acquired a new position in iShares Global Tech ETF during the 4th quarter worth $45,000.

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.