iShares Global Financials ETF $IXG Shares Purchased by HighTower Advisors LLC

HighTower Advisors LLC raised its position in iShares Global Financials ETF (NYSEARCA:IXG) by 1,074.0% during the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 106,705 shares of the company’s stock after purchasing an additional 97,616 shares during the period. HighTower Advisors LLC’s holdings in iShares Global Financials ETF were worth $12,889,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in IXG. Envestnet Asset Management Inc. boosted its stake in iShares Global Financials ETF by 1,681.5% during the 3rd quarter. Envestnet Asset Management Inc. now owns 96,574 shares of the company’s stock worth $11,268,000 after purchasing an additional 91,153 shares during the last quarter. Susquehanna International Group LLP raised its position in shares of iShares Global Financials ETF by 1,633.9% in the third quarter. Susquehanna International Group LLP now owns 64,867 shares of the company’s stock valued at $7,568,000 after buying an additional 61,126 shares during the last quarter. Raymond James Financial Inc. lifted its stake in shares of iShares Global Financials ETF by 543.9% in the third quarter. Raymond James Financial Inc. now owns 69,261 shares of the company’s stock worth $8,081,000 after buying an additional 58,504 shares in the last quarter. Ameriprise Financial Inc. lifted its stake in shares of iShares Global Financials ETF by 174.9% in the second quarter. Ameriprise Financial Inc. now owns 64,386 shares of the company’s stock worth $7,145,000 after buying an additional 40,964 shares in the last quarter. Finally, Bank of America Corp DE grew its stake in iShares Global Financials ETF by 12.8% during the 2nd quarter. Bank of America Corp DE now owns 282,050 shares of the company’s stock valued at $31,257,000 after acquiring an additional 32,026 shares in the last quarter.

iShares Global Financials ETF Stock Performance

IXG stock opened at $122.19 on Monday. The company has a market cap of $543.75 million, a price-to-earnings ratio of 14.77 and a beta of 0.82. iShares Global Financials ETF has a 12 month low of $106.15 and a 12 month high of $124.32. The firm has a 50-day moving average of $118.00 and a two-hundred day moving average of $118.83.

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.