International Assets Investment Management LLC grew its stake in shares of iShares Global Financials ETF (NYSEARCA:IXG – Free Report) by 9,085.3% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 318,545 shares of the company’s stock after purchasing an additional 315,077 shares during the period. International Assets Investment Management LLC owned about 6.85% of iShares Global Financials ETF worth $30,128,000 as of its most recent SEC filing.
Several other hedge funds have also modified their holdings of IXG. Strategic Financial Concepts LLC purchased a new stake in shares of iShares Global Financials ETF during the second quarter valued at $138,000. Jane Street Group LLC lifted its stake 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 worth $14,112,000 after acquiring an additional 59,255 shares in the last quarter. Leo Wealth LLC lifted its stake in iShares Global Financials ETF by 5.4% in the 1st quarter. Leo Wealth LLC now owns 93,247 shares of the company’s stock worth $8,058,000 after acquiring an additional 4,807 shares in the last quarter. Tiller Private Wealth Inc. purchased a new stake in iShares Global Financials ETF in the 2nd quarter worth about $339,000. Finally, Lynx Investment Advisory purchased a new stake in iShares Global Financials ETF in the 2nd quarter worth about $232,000.
iShares Global Financials ETF Trading Up 1.3 %
Shares of iShares Global Financials ETF stock opened at $96.20 on Tuesday. The stock has a 50-day moving average price of $93.78 and a 200 day moving average price of $88.99. The company has a market cap of $447.32 million, a P/E ratio of 15.34 and a beta of 0.81. iShares Global Financials ETF has a 1 year low of $67.46 and a 1 year high of $97.69.
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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