Mirae Asset Global Investments Co. Ltd. Buys New Stake in iShares Global Financials ETF (NYSEARCA:IXG)

Mirae Asset Global Investments Co. Ltd. bought a new stake in shares of iShares Global Financials ETF (NYSEARCA:IXG) during the third quarter, according to the company in its most recent filing with the SEC. The institutional investor bought 17,120 shares of the company’s stock, valued at approximately $1,617,000. Mirae Asset Global Investments Co. Ltd. owned about 0.37% of iShares Global Financials ETF as of its most recent filing with the SEC.

Several other hedge funds also recently bought and sold shares of the stock. International Assets Investment Management LLC grew its holdings in shares of iShares Global Financials ETF by 9,085.3% during the third quarter. International Assets Investment Management LLC now owns 318,545 shares of the company’s stock worth $30,128,000 after buying an additional 315,077 shares in the last quarter. Sanctuary Advisors LLC acquired a new position in iShares Global Financials ETF in the 2nd quarter valued at $226,000. Strategic Financial Concepts LLC purchased a new position in shares of iShares Global Financials ETF during the 2nd quarter worth $138,000. Janney Montgomery Scott LLC boosted its holdings in shares of iShares Global Financials ETF by 3.4% during the first 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. Finally, Lynx Investment Advisory purchased a new stake in shares of iShares Global Financials ETF in the second quarter valued at $232,000.

iShares Global Financials ETF Trading Down 1.0 %

iShares Global Financials ETF stock opened at $94.89 on Friday. The stock has a fifty day moving average price of $94.08 and a 200 day moving average price of $89.17. iShares Global Financials ETF has a 52 week low of $67.86 and a 52 week high of $97.69. The firm has a market capitalization of $441.23 million, a P/E ratio of 15.34 and a beta of 0.81.

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).