Banco Santander S.A. Acquires New Position in iShares Global Financials ETF (NYSEARCA:IXG)

Banco Santander S.A. acquired a new stake in shares of iShares Global Financials ETF (NYSEARCA:IXG) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 47,328 shares of the company’s stock, valued at approximately $4,546,000.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in IXG. Strategic Financial Concepts LLC purchased a new stake in iShares Global Financials ETF in the 4th quarter worth approximately $192,000. Sanctuary Advisors LLC boosted its stake in iShares Global Financials ETF by 12.0% in the 3rd quarter. Sanctuary Advisors LLC now owns 3,006 shares of the company’s stock worth $303,000 after purchasing an additional 321 shares in the last quarter. HighTower Advisors LLC grew its position in iShares Global Financials ETF by 10.0% during the 3rd quarter. HighTower Advisors LLC now owns 3,664 shares of the company’s stock valued at $344,000 after purchasing an additional 333 shares during the last quarter. Vontobel Holding Ltd. bought a new stake in iShares Global Financials ETF during the 4th quarter valued at about $288,000. Finally, Private Advisor Group LLC raised its holdings in iShares Global Financials ETF by 17.2% in the fourth quarter. Private Advisor Group LLC now owns 6,166 shares of the company’s stock worth $592,000 after buying an additional 906 shares during the last quarter.

iShares Global Financials ETF Stock Performance

Shares of NYSEARCA IXG opened at $102.52 on Friday. The company has a market cap of $451.09 million, a PE ratio of 14.21 and a beta of 1.00. The firm’s 50 day moving average price is $100.86 and its 200-day moving average price is $97.76. iShares Global Financials ETF has a 52-week low of $81.38 and a 52-week high of $106.16.

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).