Montecito Bank & Trust Acquires New Holdings in iShares Global Tech ETF $IXN

Montecito Bank & Trust acquired a new position in iShares Global Tech ETF (NYSEARCA:IXN – Free Report) in the third quarter, Holdings Channel.com reports. The institutional investor acquired 8,127 shares of the company’s stock, valued at approximately $1,205,000.

Other large investors have also recently added to or reduced their stakes in the company. Tucker Asset Management LLC increased its position in iShares Global Tech ETF by 25.2% in the 2nd quarter. Tucker Asset Management LLC now owns 393 shares of the company’s stock valued at $57,000 after acquiring an additional 79 shares during the period. Continuum Advisory LLC boosted its position in iShares Global Tech ETF by 2.3% during the 4th quarter. Continuum Advisory LLC now owns 4,209 shares of the company’s stock worth $442,000 after acquiring an additional 94 shares during the period. Balance Wealth LLC grew its stake in shares of iShares Global Tech ETF by 0.6% in the first quarter. Balance Wealth LLC now owns 15,923 shares of the company’s stock worth $1,592,000 after purchasing an additional 99 shares in the last quarter. Columbus Macro LLC grew its stake in shares of iShares Global Tech ETF by 0.6% in the first quarter. Columbus Macro LLC now owns 18,339 shares of the company’s stock worth $1,833,000 after purchasing an additional 109 shares in the last quarter. Finally, Key Financial Inc grew its stake in shares of iShares Global Tech ETF by 5.5% in the first quarter. Key Financial Inc now owns 2,397 shares of the company’s stock worth $240,000 after purchasing an additional 125 shares in the last quarter.

iShares Global Tech ETF Price Performance

Shares of NYSEARCA IXN traded up $1.59 during midday trading on Thursday, reaching $149.81. 341,040 shares of the company traded hands, compared to its average volume of 378,778. iShares Global Tech ETF has a 52 week low of $95.11 and a 52 week high of $150.29. The stock has a 50-day moving average price of $140.56 and a 200 day moving average price of $131.56. The company has a market cap of $9.85 billion, a price-to-earnings ratio of 34.73 and a beta of 1.37.

About iShares Global Tech ETF

(Free Report)

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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