iShares Global Financials ETF (NYSEARCA:IXG – Get Free Report) shares saw unusually-high trading volume on Thursday . Approximately 65,426 shares changed hands during mid-day trading, an increase of 57% from the previous session’s volume of 41,718 shares.The stock last traded at $132.20 and had previously closed at $131.21.
iShares Global Financials ETF Stock Down 0.1%
The stock has a market cap of $678.30 million, a price-to-earnings ratio of 14.77 and a beta of 0.81. The stock’s fifty day moving average is $126.46 and its 200-day moving average is $121.68.
Hedge Funds Weigh In On iShares Global Financials ETF
A number of hedge funds and other institutional investors have recently made changes to their positions in the company. Optiver Holding B.V. acquired a new position in shares of iShares Global Financials ETF in the 1st quarter valued at $27,000. KCM Investment Advisors LLC increased its position in shares of iShares Global Financials ETF by 10.7% in the 1st quarter. KCM Investment Advisors LLC now owns 6,510 shares of the company’s stock valued at $742,000 after buying an additional 628 shares in the last quarter. Sanctuary Advisors LLC raised its stake in iShares Global Financials ETF by 45.1% during the 1st quarter. Sanctuary Advisors LLC now owns 2,437 shares of the company’s stock worth $278,000 after buying an additional 757 shares during the period. Fifth Third Bancorp raised its stake in iShares Global Financials ETF by 27.0% during the 1st quarter. Fifth Third Bancorp now owns 3,669 shares of the company’s stock worth $418,000 after buying an additional 781 shares during the period. Finally, Kestra Advisory Services LLC lifted its holdings in iShares Global Financials ETF by 3.6% during the first quarter. Kestra Advisory Services LLC now owns 8,502 shares of the company’s stock worth $969,000 after acquiring an additional 293 shares in 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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