iShares Global Financials ETF $IXG Shares Sold by Citadel Advisors LLC

Citadel Advisors LLC cut its position in iShares Global Financials ETF (NYSEARCA:IXG) by 30.9% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 30,578 shares of the company’s stock after selling 13,642 shares during the period. Citadel Advisors LLC’s holdings in iShares Global Financials ETF were worth $3,807,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also modified their holdings of the company. Bank of America Corp DE lifted its position in shares of iShares Global Financials ETF by 9.6% during the 3rd quarter. Bank of America Corp DE now owns 309,112 shares of the company’s stock worth $36,065,000 after purchasing an additional 27,062 shares during the last quarter. HighTower Advisors LLC increased its holdings in iShares Global Financials ETF by 1,074.0% in the fourth 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 last quarter. Ameriprise Financial Inc. increased its holdings in iShares Global Financials ETF by 26.1% in the third quarter. Ameriprise Financial Inc. now owns 81,175 shares of the company’s stock valued at $9,471,000 after buying an additional 16,789 shares during the last quarter. Raymond James Financial Inc. raised its stake in 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 valued at $8,081,000 after buying an additional 58,504 shares in the last quarter. Finally, Susquehanna International Group LLP lifted its holdings in iShares Global Financials ETF by 1,633.9% during the 3rd quarter. Susquehanna International Group LLP now owns 64,867 shares of the company’s stock worth $7,568,000 after buying an additional 61,126 shares during the last quarter.

iShares Global Financials ETF Stock Performance

NYSEARCA:IXG opened at $136.20 on Tuesday. iShares Global Financials ETF has a 1 year low of $109.99 and a 1 year high of $137.00. The stock has a market cap of $694.62 million, a P/E ratio of 14.77 and a beta of 0.80. The stock has a 50-day simple moving average of $132.24 and a 200-day simple moving average of $124.03.

iShares Global Financials ETF 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.