iShares Global Financials ETF $IXG Shares Sold by Pictet Asset Management Holding SA

Pictet Asset Management Holding SA lowered its stake in shares of iShares Global Financials ETF (NYSEARCA:IXG) by 7.6% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 337,660 shares of the company’s stock after selling 27,800 shares during the quarter. Pictet Asset Management Holding SA owned approximately 6.25% of iShares Global Financials ETF worth $41,130,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also modified their holdings of the company. Bank of America Corp DE raised its stake in iShares Global Financials ETF by 9.6% during the 3rd quarter. Bank of America Corp DE now owns 309,112 shares of the company’s stock worth $36,065,000 after acquiring an additional 27,062 shares in the last quarter. Envestnet Asset Management Inc. boosted its stake in iShares Global Financials ETF by 1,681.5% in the third quarter. Envestnet Asset Management Inc. now owns 96,574 shares of the company’s stock valued at $11,268,000 after acquiring an additional 91,153 shares in the last quarter. Ameriprise Financial Inc. boosted its stake in iShares Global Financials ETF by 26.1% in the third quarter. Ameriprise Financial Inc. now owns 81,175 shares of the company’s stock valued at $9,471,000 after acquiring an additional 16,789 shares in the last quarter. Raymond James Financial Inc. grew its holdings in shares of iShares Global Financials ETF by 543.9% during the third quarter. Raymond James Financial Inc. now owns 69,261 shares of the company’s stock worth $8,081,000 after purchasing an additional 58,504 shares during the last quarter. Finally, Susquehanna International Group LLP grew its holdings in shares of iShares Global Financials ETF by 1,633.9% during the third quarter. Susquehanna International Group LLP now owns 64,867 shares of the company’s stock worth $7,568,000 after purchasing an additional 61,126 shares during the last quarter.

iShares Global Financials ETF Stock Performance

IXG opened at $119.97 on Thursday. iShares Global Financials ETF has a one year low of $101.50 and a one year high of $124.32. The stock has a market capitalization of $539.87 million, a P/E ratio of 14.77 and a beta of 0.84. The business’s 50-day simple moving average is $117.12 and its 200-day simple moving average is $118.08.

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). The Index is a subset of the Standard & Poor’s Global 1200 Index. The Index includes major banks, diversified financial companies, insurance companies, real estate companies, savings and loan associations, and securities brokers.