Cwm LLC Cuts Holdings in iShares Global Financials ETF (NYSEARCA:IXG)

Cwm LLC lowered its position in iShares Global Financials ETF (NYSEARCA:IXG) by 15.8% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 1,791 shares of the company’s stock after selling 335 shares during the quarter. Cwm LLC’s holdings in iShares Global Financials ETF were worth $169,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently added to or reduced their stakes in IXG. Strategic Financial Concepts LLC acquired a new stake in shares of iShares Global Financials ETF in the second quarter worth $138,000. Jane Street Group LLC increased its holdings in iShares Global Financials ETF by 57.2% in the 1st quarter. Jane Street Group LLC now owns 162,878 shares of the company’s stock valued at $14,112,000 after purchasing an additional 59,255 shares in the last quarter. Leo Wealth LLC raised its position in iShares Global Financials ETF by 5.4% in the first quarter. Leo Wealth LLC now owns 93,247 shares of the company’s stock valued at $8,058,000 after purchasing an additional 4,807 shares during the period. Tiller Private Wealth Inc. purchased a new position in iShares Global Financials ETF in the second quarter valued at about $339,000. Finally, Lynx Investment Advisory acquired a new position in shares of iShares Global Financials ETF during the second quarter worth about $232,000.

iShares Global Financials ETF Stock Performance

IXG stock opened at $95.71 on Thursday. The firm has a market cap of $445.05 million, a P/E ratio of 15.34 and a beta of 0.81. iShares Global Financials ETF has a 1 year low of $66.83 and a 1 year high of $97.69. The stock has a 50-day simple moving average of $93.42 and a 200-day simple moving average of $88.74.

iShares Global Financials ETF Profile

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).