iShares Global Financials ETF $IXG Shares Sold by Salomon & Ludwin LLC

Salomon & Ludwin LLC trimmed its position in shares of iShares Global Financials ETF (NYSEARCA:IXG) by 5.6% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 50,546 shares of the company’s stock after selling 2,993 shares during the quarter. Salomon & Ludwin LLC owned 1.01% of iShares Global Financials ETF worth $5,620,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in the company. Tiller Private Wealth Inc. increased its stake in shares of iShares Global Financials ETF by 3.6% during the second quarter. Tiller Private Wealth Inc. now owns 4,450 shares of the company’s stock worth $494,000 after acquiring an additional 155 shares during the period. Integrated Wealth Concepts LLC increased its stake in shares of iShares Global Financials ETF by 11.4% during the first quarter. Integrated Wealth Concepts LLC now owns 2,473 shares of the company’s stock worth $255,000 after acquiring an additional 253 shares during the period. Wayfinding Financial LLC acquired a new position in iShares Global Financials ETF during the first quarter worth about $27,000. Farther Finance Advisors LLC grew its position in iShares Global Financials ETF by 423.2% during the first quarter. Farther Finance Advisors LLC now owns 518 shares of the company’s stock worth $53,000 after buying an additional 419 shares during the period. Finally, LPL Financial LLC grew its position in iShares Global Financials ETF by 4.3% during the first quarter. LPL Financial LLC now owns 30,738 shares of the company’s stock worth $3,167,000 after buying an additional 1,268 shares during the period.

iShares Global Financials ETF Trading Down 0.0%

Shares of IXG opened at $113.01 on Friday. The firm’s 50-day moving average is $115.18 and its two-hundred day moving average is $109.61. iShares Global Financials ETF has a twelve month low of $88.04 and a twelve month high of $117.23. The firm has a market capitalization of $593.30 million, a P/E ratio of 14.77 and a beta of 0.99.

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).