Sanctuary Advisors LLC raised its stake in iShares Global Financials ETF (NYSEARCA:IXG – Free Report) by 12.0% during the third quarter, HoldingsChannel reports. The institutional investor owned 3,006 shares of the company’s stock after acquiring an additional 321 shares during the period. Sanctuary Advisors LLC’s holdings in iShares Global Financials ETF were worth $303,000 at the end of the most recent quarter.
Other institutional investors and hedge funds also recently made changes to their positions in the company. Strategic Financial Concepts LLC acquired a new stake in shares of iShares Global Financials ETF during the second quarter worth $138,000. MPS Loria Financial Planners LLC acquired a new stake in iShares Global Financials ETF during the 3rd quarter worth about $201,000. Integrated Wealth Concepts LLC bought a new position in shares of iShares Global Financials ETF in the 3rd quarter worth about $210,000. HighTower Advisors LLC lifted its stake in shares of 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 purchasing an additional 333 shares during the period. Finally, Creative Planning boosted its position in shares of iShares Global Financials ETF by 87.1% during the 2nd quarter. Creative Planning now owns 5,060 shares of the company’s stock valued at $430,000 after purchasing an additional 2,356 shares in the last quarter.
iShares Global Financials ETF Stock Performance
Shares of IXG stock opened at $96.72 on Friday. iShares Global Financials ETF has a fifty-two week low of $76.10 and a fifty-two week high of $105.79. The stock has a 50 day simple moving average of $98.29 and a two-hundred day simple moving average of $92.90. The company has a market cap of $449.75 million, a P/E ratio of 15.34 and a beta of 0.81.
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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