National Bank of Canada FI Grows Position in iShares Global Tech ETF (NYSEARCA:IXN)

National Bank of Canada FI increased its position in iShares Global Tech ETF (NYSEARCA:IXN) by 271.8% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 66,960 shares of the company’s stock after buying an additional 48,952 shares during the quarter. National Bank of Canada FI owned 0.11% of iShares Global Tech ETF worth $5,673,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in IXN. Synergy Investment Management LLC purchased a new position in shares of iShares Global Tech ETF in the fourth quarter valued at about $25,000. Hager Investment Management Services LLC purchased a new position in iShares Global Tech ETF during the 4th quarter valued at about $33,000. Halbert Hargrove Global Advisors LLC bought a new position in iShares Global Tech ETF during the 4th quarter valued at approximately $44,000. Flagship Wealth Advisors LLC purchased a new stake in iShares Global Tech ETF in the 4th quarter worth approximately $45,000. Finally, VSM Wealth Advisory LLC bought a new stake in shares of iShares Global Tech ETF in the 4th quarter worth approximately $50,000.

iShares Global Tech ETF Stock Performance

IXN opened at $67.24 on Monday. The stock has a market capitalization of $4.10 billion, a PE ratio of 32.70 and a beta of 1.15. The stock’s 50 day moving average price is $81.32 and its 200-day moving average price is $83.15. iShares Global Tech ETF has a 52-week low of $67.18 and a 52-week 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.