Private Advisor Group LLC Sells 12,935 Shares of iShares Global Financials ETF $IXG

Private Advisor Group LLC reduced its position in iShares Global Financials ETF (NYSEARCA:IXG) by 75.1% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 4,289 shares of the company’s stock after selling 12,935 shares during the period. Private Advisor Group LLC owned approximately 0.10% of iShares Global Financials ETF worth $489,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors also recently modified their holdings of the company. Bank of America Corp DE lifted its holdings in iShares Global Financials ETF by 9.6% in the third quarter. Bank of America Corp DE now owns 309,112 shares of the company’s stock valued at $36,065,000 after acquiring an additional 27,062 shares during the period. HighTower Advisors LLC grew its stake in shares of iShares Global Financials ETF by 1,074.0% during the 4th quarter. HighTower Advisors LLC now owns 106,705 shares of the company’s stock valued at $12,889,000 after purchasing an additional 97,616 shares during the period. Ameriprise Financial Inc. increased its position in shares of iShares Global Financials ETF by 26.1% during the 3rd quarter. Ameriprise Financial Inc. now owns 81,175 shares of the company’s stock valued at $9,471,000 after purchasing an additional 16,789 shares during the last quarter. Raymond James Financial Inc. increased its position in shares of iShares Global Financials ETF by 543.9% during the 3rd quarter. Raymond James Financial Inc. now owns 69,261 shares of the company’s stock valued at $8,081,000 after purchasing an additional 58,504 shares during the last quarter. Finally, Susquehanna International Group LLP increased its position in shares of 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 valued at $7,568,000 after purchasing an additional 61,126 shares during the last quarter.

iShares Global Financials ETF Stock Up 0.2%

Shares of NYSEARCA:IXG opened at $131.77 on Friday. The stock has a market capitalization of $619.32 million, a PE ratio of 14.77 and a beta of 0.81. The firm’s 50 day moving average price is $124.21 and its 200-day moving average price is $120.98. iShares Global Financials ETF has a twelve month low of $109.05 and a twelve month high of $131.82.

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). 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.