Ameritas Advisory Services LLC Purchases 572 Shares of iShares Global Tech ETF (NYSEARCA:IXN)

Ameritas Advisory Services LLC increased its stake in iShares Global Tech ETF (NYSEARCA:IXN) by 14.7% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 4,455 shares of the company’s stock after purchasing an additional 572 shares during the period. Ameritas Advisory Services LLC’s holdings in iShares Global Tech ETF were worth $378,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also bought and sold shares of the company. Merit Financial Group LLC boosted its holdings in iShares Global Tech ETF by 31.7% during the 4th quarter. Merit Financial Group LLC now owns 3,731 shares of the company’s stock valued at $316,000 after acquiring an additional 898 shares during the period. Park Avenue Securities LLC bought a new position in iShares Global Tech ETF during the 4th quarter valued at approximately $201,000. Pines Wealth Management LLC purchased a new stake in shares of iShares Global Tech ETF during the fourth quarter valued at approximately $406,000. Shira Ridge Wealth Management increased its holdings in iShares Global Tech ETF by 1.0% in the 4th quarter. Shira Ridge Wealth Management now owns 195,624 shares of the company’s stock worth $16,579,000 after buying an additional 1,874 shares in the last quarter. Finally, PPS&V Asset Management Consultants Inc. purchased a new stake in iShares Global Tech ETF during the 4th quarter valued at $203,000.

iShares Global Tech ETF Trading Up 0.1 %

Shares of IXN stock opened at $87.70 on Friday. The company has a 50 day simple moving average of $85.12 and a two-hundred day simple moving average of $82.67. The stock has a market cap of $5.23 billion, a P/E ratio of 34.17 and a beta of 1.37. iShares Global Tech ETF has a 12 month low of $68.53 and a 12 month high of $88.40.

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.