PNC Financial Services Group Inc. Trims Stock Position in iShares Global Tech ETF (NYSEARCA:IXN)

PNC Financial Services Group Inc. decreased its position in iShares Global Tech ETF (NYSEARCA:IXN) by 1.6% in the third quarter, according to its most recent Form 13F filing with the SEC. The firm owned 13,208 shares of the company’s stock after selling 213 shares during the period. PNC Financial Services Group Inc.’s holdings in iShares Global Tech ETF were worth $1,090,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently bought and sold shares of the company. B. Riley Wealth Advisors Inc. grew its position in shares of iShares Global Tech ETF by 7.2% during the 1st quarter. B. Riley Wealth Advisors Inc. now owns 25,916 shares of the company’s stock worth $1,939,000 after buying an additional 1,739 shares in the last quarter. Jane Street Group LLC bought a new position in iShares Global Tech ETF during the 1st quarter worth about $10,234,000. Virtu Financial LLC increased its position in iShares Global Tech ETF by 97.0% during the 1st quarter. Virtu Financial LLC now owns 7,054 shares of the company’s stock valued at $528,000 after purchasing an additional 3,473 shares during the period. Cetera Investment Advisers raised its holdings in shares of iShares Global Tech ETF by 114.4% in the 1st quarter. Cetera Investment Advisers now owns 159,263 shares of the company’s stock valued at $11,914,000 after purchasing an additional 84,984 shares in the last quarter. Finally, Cetera Advisors LLC lifted its position in shares of iShares Global Tech ETF by 574.3% in the 1st quarter. Cetera Advisors LLC now owns 72,462 shares of the company’s stock worth $5,421,000 after purchasing an additional 61,715 shares during the period.

iShares Global Tech ETF Stock Performance

NYSEARCA IXN opened at $82.94 on Thursday. The company has a market cap of $4.95 billion, a PE ratio of 34.17 and a beta of 1.37. The firm’s 50 day moving average price is $82.82 and its 200-day moving average price is $81.16. iShares Global Tech ETF has a 52-week low of $64.31 and a 52-week high of $88.10.

About iShares Global Tech ETF

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.