iShares Global Financials ETF (NYSEARCA:IXG) Shares Acquired by Lynx Investment Advisory

Lynx Investment Advisory boosted its holdings in iShares Global Financials ETF (NYSEARCA:IXG) by 15.5% in the 4th quarter, Holdings Channel reports. The firm owned 3,213 shares of the company’s stock after purchasing an additional 431 shares during the period. Lynx Investment Advisory’s holdings in iShares Global Financials ETF were worth $309,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also made changes to their positions in the business. Jones Financial Companies Lllp raised its holdings in iShares Global Financials ETF by 12.6% during the fourth quarter. Jones Financial Companies Lllp now owns 1,775 shares of the company’s stock worth $171,000 after purchasing an additional 199 shares during the last quarter. Strategic Financial Concepts LLC purchased a new position in shares of 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 fourth quarter worth $205,000. Integrated Wealth Concepts LLC purchased a new position in shares of iShares Global Financials ETF during the third quarter valued at approximately $210,000. Finally, Partners Wealth Management LLC acquired a new stake in iShares Global Financials ETF during the fourth quarter worth approximately $237,000.

iShares Global Financials ETF Stock Down 0.4 %

IXG stock opened at $102.94 on Monday. The stock’s fifty day simple moving average is $101.95 and its 200-day simple moving average is $98.46. iShares Global Financials ETF has a 52-week low of $81.38 and a 52-week high of $106.16. The stock has a market capitalization of $452.94 million, a price-to-earnings ratio of 14.21 and a beta of 1.00.

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).