International Assets Investment Management LLC Trims Stake in iShares Global Financials ETF (NYSEARCA:IXG)

International Assets Investment Management LLC cut its stake in iShares Global Financials ETF (NYSEARCA:IXG) by 9.8% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 4,128 shares of the company’s stock after selling 450 shares during the period. International Assets Investment Management LLC owned 0.09% of iShares Global Financials ETF worth $355,000 at the end of the most recent reporting period.

Other large investors have also bought and sold shares of the company. Leo Wealth LLC purchased a new position in shares of iShares Global Financials ETF in the 4th quarter valued at approximately $7,150,000. MPS Loria Financial Planners LLC bought a new stake in shares of iShares Global Financials ETF during the 4th quarter valued at $219,000. National Bank of Canada FI grew its position in shares of iShares Global Financials ETF by 3.9% in the 4th quarter. National Bank of Canada FI now owns 4,049 shares of the company’s stock worth $317,000 after buying an additional 153 shares during the period. Wilbanks Smith & Thomas Asset Management LLC bought a new position in shares of iShares Global Financials ETF in the 4th quarter worth about $930,000. Finally, Valeo Financial Advisors LLC lifted its position in iShares Global Financials ETF by 6.7% during the 4th quarter. Valeo Financial Advisors LLC now owns 4,074 shares of the company’s stock valued at $320,000 after acquiring an additional 257 shares during the period.

iShares Global Financials ETF Price Performance

NYSEARCA:IXG opened at $85.76 on Tuesday. The firm has a market capitalization of $398.78 million, a P/E ratio of 15.34 and a beta of 0.81. iShares Global Financials ETF has a one year low of $66.83 and a one year high of $88.94. The company’s 50-day simple moving average is $85.76 and its 200 day simple moving average is $82.70.

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).