Citadel Advisors LLC lowered its holdings in iShares Global Financials ETF (NYSEARCA:IXG – Free Report) by 30.9% in the second quarter, according to its most recent disclosure with the SEC. The institutional investor owned 30,578 shares of the company’s stock after selling 13,642 shares during the period. Citadel Advisors LLC owned approximately 0.60% of iShares Global Financials ETF worth $3,807,000 at the end of the most recent reporting period.
Several other large investors have also recently added to or reduced their stakes in IXG. HighTower Advisors LLC boosted its position in iShares Global Financials ETF by 1,074.0% in the 4th quarter. HighTower Advisors LLC now owns 106,705 shares of the company’s stock valued at $12,889,000 after buying an additional 97,616 shares during the period. Sanctuary Advisors LLC acquired a new position in shares of iShares Global Financials ETF in the fourth quarter worth $203,000. Fifth Third Bancorp increased its position in shares of iShares Global Financials ETF by 27.0% during the first quarter. Fifth Third Bancorp now owns 3,669 shares of the company’s stock worth $418,000 after acquiring an additional 781 shares during the period. KCM Investment Advisors LLC raised its stake in shares of iShares Global Financials ETF by 10.7% in the first quarter. KCM Investment Advisors LLC now owns 6,510 shares of the company’s stock valued at $742,000 after acquiring an additional 628 shares in the last quarter. Finally, Kestra Advisory Services LLC raised its stake in shares of iShares Global Financials ETF by 3.6% in the first quarter. Kestra Advisory Services LLC now owns 8,502 shares of the company’s stock valued at $969,000 after acquiring an additional 293 shares in the last quarter.
iShares Global Financials ETF Stock Performance
NYSEARCA:IXG opened at $136.20 on Tuesday. iShares Global Financials ETF has a 12-month low of $109.99 and a 12-month high of $137.00. The firm has a market cap of $694.62 million, a PE ratio of 14.77 and a beta of 0.80. The stock has a fifty day moving average price of $132.24 and a 200 day moving average price of $124.03.
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). 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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