iShares Global Tech ETF (NYSEARCA:IXN) Shares Bought by Patten Group Inc.

Patten Group Inc. raised its holdings in shares of iShares Global Tech ETF (NYSEARCA:IXN) by 1.9% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 34,033 shares of the company’s stock after purchasing an additional 636 shares during the quarter. Patten Group Inc.’s holdings in iShares Global Tech ETF were worth $2,884,000 at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. Park Avenue Securities LLC purchased a new position in iShares Global Tech ETF during the fourth quarter worth approximately $201,000. Townsquare Capital LLC raised its holdings in shares of iShares Global Tech ETF by 16.1% during the 3rd quarter. Townsquare Capital LLC now owns 3,197 shares of the company’s stock worth $264,000 after acquiring an additional 444 shares during the period. US Bancorp DE grew its holdings in shares of iShares Global Tech ETF by 6.3% in the third quarter. US Bancorp DE now owns 17,401 shares of the company’s stock valued at $1,436,000 after purchasing an additional 1,025 shares during the period. RPg Family Wealth Advisory LLC acquired a new stake in iShares Global Tech ETF during the third quarter worth about $28,000. Finally, EP Wealth Advisors LLC raised its stake in iShares Global Tech ETF by 14.2% during the third quarter. EP Wealth Advisors LLC now owns 4,397 shares of the company’s stock worth $363,000 after purchasing an additional 548 shares during the period.

iShares Global Tech ETF Price Performance

iShares Global Tech ETF stock opened at $79.85 on Tuesday. The stock has a market cap of $4.96 billion, a price-to-earnings ratio of 37.10 and a beta of 1.13. The firm has a 50 day simple moving average of $85.31 and a 200-day simple moving average of $83.62. iShares Global Tech ETF has a 1-year low of $68.53 and a 1-year high of $88.62.

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.