Strategic Financial Concepts LLC Makes New $192,000 Investment in iShares Global Financials ETF (NYSEARCA:IXG)

Strategic Financial Concepts LLC bought a new position in shares of iShares Global Financials ETF (NYSEARCA:IXG) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor bought 192,113 shares of the company’s stock, valued at approximately $192,000. Strategic Financial Concepts LLC owned 4.13% of iShares Global Financials ETF as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also recently made changes to their positions in IXG. International Assets Investment Management LLC increased its stake in shares of iShares Global Financials ETF by 9,085.3% in the 3rd quarter. International Assets Investment Management LLC now owns 318,545 shares of the company’s stock worth $30,128,000 after acquiring an additional 315,077 shares in the last quarter. EWG Elevate Inc. bought a new position in shares of iShares Global Financials ETF during the fourth quarter valued at approximately $1,661,000. Mirae Asset Global Investments Co. Ltd. purchased a new position in shares of iShares Global Financials ETF during the third quarter valued at approximately $1,617,000. Founders Grove Wealth Partners LLC purchased a new position in shares of iShares Global Financials ETF during the fourth quarter valued at approximately $1,445,000. Finally, Creative Planning boosted its position in shares of iShares Global Financials ETF by 87.1% in the 2nd quarter. Creative Planning now owns 5,060 shares of the company’s stock worth $430,000 after purchasing an additional 2,356 shares in the last quarter.

iShares Global Financials ETF Stock Down 0.1 %

IXG stock opened at $102.95 on Thursday. The business has a 50 day moving average of $98.97 and a 200 day moving average of $95.82. The firm has a market cap of $478.72 million, a PE ratio of 15.34 and a beta of 0.81. iShares Global Financials ETF has a twelve month low of $78.57 and a twelve month high of $105.79.

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).