Jones Financial Companies Lllp Increases Stake in iShares Global Financials ETF (NYSEARCA:IXG)

Jones Financial Companies Lllp lifted its stake in iShares Global Financials ETF (NYSEARCA:IXG) by 12.6% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 1,775 shares of the company’s stock after purchasing an additional 199 shares during the quarter. Jones Financial Companies Lllp’s holdings in iShares Global Financials ETF were worth $171,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Strategic Financial Concepts LLC purchased a new position in iShares Global Financials ETF during the 4th quarter worth approximately $192,000. Client 1ST Advisory Group LLC purchased a new position in iShares Global Financials ETF during the 4th quarter worth approximately $205,000. Integrated Wealth Concepts LLC purchased a new position in iShares Global Financials ETF during the 3rd quarter worth approximately $210,000. Partners Wealth Management LLC purchased a new position in iShares Global Financials ETF during the 4th quarter worth approximately $237,000. Finally, Vontobel Holding Ltd. purchased a new position in iShares Global Financials ETF during the 4th quarter worth approximately $288,000.

iShares Global Financials ETF Trading Up 2.3 %

IXG opened at $101.63 on Friday. iShares Global Financials ETF has a 12-month low of $81.38 and a 12-month high of $106.16. The firm has a market capitalization of $447.17 million, a PE ratio of 14.21 and a beta of 1.00. The firm has a 50 day moving average of $101.25 and a two-hundred day moving average of $98.02.

iShares Global Financials ETF Company 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).