Creative Planning Acquires 2,356 Shares of iShares Global Financials ETF (NYSEARCA:IXG)

Creative Planning raised its stake in iShares Global Financials ETF (NYSEARCA:IXG) by 87.1% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 5,060 shares of the company’s stock after purchasing an additional 2,356 shares during the period. Creative Planning’s holdings in iShares Global Financials ETF were worth $430,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Strategic Financial Concepts LLC acquired a new stake in iShares Global Financials ETF in the 2nd quarter valued at $138,000. Janney Montgomery Scott LLC grew its holdings in shares of iShares Global Financials ETF by 3.4% in the 1st quarter. Janney Montgomery Scott LLC now owns 6,609 shares of the company’s stock worth $573,000 after purchasing an additional 217 shares during the last quarter. Ayalon Insurance Comp Ltd. increased its position in shares of iShares Global Financials ETF by 16.6% during the 1st quarter. Ayalon Insurance Comp Ltd. now owns 58,355 shares of the company’s stock worth $5,056,000 after purchasing an additional 8,322 shares in the last quarter. Lynx Investment Advisory bought a new position in iShares Global Financials ETF during the 2nd quarter valued at about $232,000. Finally, Jane Street Group LLC boosted its position in iShares Global Financials ETF by 57.2% in the first quarter. Jane Street Group LLC now owns 162,878 shares of the company’s stock valued at $14,112,000 after buying an additional 59,255 shares in the last quarter.

iShares Global Financials ETF Trading Down 0.4 %

NYSEARCA IXG opened at $95.76 on Wednesday. iShares Global Financials ETF has a 1-year low of $66.83 and a 1-year high of $96.70. The company has a 50 day moving average of $92.19 and a 200-day moving average of $88.30. The firm has a market cap of $445.28 million, a price-to-earnings ratio of 15.34 and a beta of 0.81.

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).