EWG Elevate Inc. bought a new stake in shares of iShares Global Financials ETF (NYSEARCA:IXG – Free Report) in the 4th quarter, according to its most recent 13F filing with the SEC. The firm bought 17,293 shares of the company’s stock, valued at approximately $1,661,000.
A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in IXG. Sanctuary Advisors LLC grew its position in shares of iShares Global Financials ETF by 12.0% in the third quarter. Sanctuary Advisors LLC now owns 3,006 shares of the company’s stock valued at $303,000 after purchasing an additional 321 shares during the last quarter. HighTower Advisors LLC lifted its stake in iShares Global Financials ETF by 10.0% in the 3rd quarter. HighTower Advisors LLC now owns 3,664 shares of the company’s stock valued at $344,000 after buying an additional 333 shares in the last quarter. MPS Loria Financial Planners LLC acquired a new stake in iShares Global Financials ETF during the 3rd quarter valued at $201,000. Integrated Wealth Concepts LLC purchased a new position in iShares Global Financials ETF during the third quarter worth $210,000. Finally, Creative Planning raised its holdings in shares of iShares Global Financials ETF by 87.1% in the second quarter. Creative Planning now owns 5,060 shares of the company’s stock worth $430,000 after acquiring an additional 2,356 shares during the last quarter.
iShares Global Financials ETF Stock Down 2.3 %
Shares of NYSEARCA:IXG opened at $94.45 on Monday. The company has a market capitalization of $439.19 million, a P/E ratio of 15.34 and a beta of 0.81. iShares Global Financials ETF has a 52-week low of $76.10 and a 52-week high of $105.79. The stock’s fifty day simple moving average is $98.37 and its 200-day simple moving average is $93.76.
About iShares Global Financials ETF
Ishares S&P Global Financials Sector Index Fund, formerly iShares Global Financials ETF (the Fund), is an exchange-traded fund (ETF). The Fund seeks investment results that correspond generally to the price and yield performance of companies that Standard & Poor’s deems part of the financial sector of the economy and important to global markets, as represented by the S&P Global 1200 Financials Sector Index (the Index).
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