iShares Global Financials ETF (NYSEARCA:IXG) Short Interest Update

iShares Global Financials ETF (NYSEARCA:IXG) saw a significant decrease in short interest in the month of June. As of June 30th, there was short interest totaling 3,005 shares, a decrease of 97.3% from the June 15th total of 110,967 shares. Approximately 0.1% of the shares of the company are sold short. Based on an average daily volume of 59,344 shares, the short-interest ratio is presently 0.1 days.

iShares Global Financials ETF Trading Up 0.6%

NYSEARCA:IXG traded up $0.76 during trading hours on Friday, reaching $129.24. The company had a trading volume of 79,737 shares, compared to its average volume of 38,350. iShares Global Financials ETF has a 52 week low of $109.05 and a 52 week high of $130.29. The firm has a market cap of $607.43 million, a price-to-earnings ratio of 14.77 and a beta of 0.81. The firm’s 50 day moving average price is $123.47 and its 200-day moving average price is $120.75.

Institutional Trading of iShares Global Financials ETF

Several large investors have recently modified their holdings of the company. Optiver Holding B.V. bought a new position in iShares Global Financials ETF in the first quarter valued at about $27,000. NBT Bank N A NY grew its stake in shares of iShares Global Financials ETF by 151.2% during the 1st quarter. NBT Bank N A NY now owns 304 shares of the company’s stock valued at $35,000 after purchasing an additional 183 shares during the period. BOKF NA bought a new stake in shares of iShares Global Financials ETF during the 3rd quarter valued at about $37,000. Arax Advisory Partners purchased a new stake in shares of iShares Global Financials ETF during the 4th quarter valued at about $43,000. Finally, Blair William & Co. IL increased its position in shares of iShares Global Financials ETF by 112.2% during the 3rd quarter. Blair William & Co. IL now owns 488 shares of the company’s stock valued at $57,000 after purchasing an additional 258 shares during the last quarter.

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.