Shares of iShares Global Financials ETF (NYSEARCA:IXG – Get Free Report) hit a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $131.04 and last traded at $131.04, with a volume of 6118 shares traded. The stock had previously closed at $129.45.
iShares Global Financials ETF Price Performance
The company has a market capitalization of $616.97 million, a PE ratio of 14.77 and a beta of 0.81. The business has a 50-day moving average of $123.62 and a 200 day moving average of $120.80.
Institutional Trading of iShares Global Financials ETF
Hedge funds have recently modified their holdings of the company. Optiver Holding B.V. purchased a new stake in shares of iShares Global Financials ETF during the 1st quarter worth approximately $27,000. NBT Bank N A NY increased its position in iShares Global Financials ETF by 151.2% in the first quarter. NBT Bank N A NY now owns 304 shares of the company’s stock worth $35,000 after purchasing an additional 183 shares during the last quarter. BOKF NA purchased a new stake in iShares Global Financials ETF during the third quarter valued at $37,000. Arax Advisory Partners purchased a new stake in iShares Global Financials ETF during the fourth quarter valued at $43,000. Finally, Blair William & Co. IL lifted its position in iShares Global Financials ETF by 112.2% during the third quarter. Blair William & Co. IL now owns 488 shares of the company’s stock valued at $57,000 after purchasing an additional 258 shares during the last quarter.
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). The Index is a subset of the Standard & Poor’s Global 1200 Index. The Index includes major banks, diversified financial companies, insurance companies, real estate companies, savings and loan associations, and securities brokers.
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