Ayalon Insurance Comp Ltd. Purchases 8,322 Shares of iShares Global Financials ETF (NYSEARCA:IXG)

Ayalon Insurance Comp Ltd. increased its position in shares of iShares Global Financials ETF (NYSEARCA:IXG) by 16.6% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 58,355 shares of the company’s stock after purchasing an additional 8,322 shares during the period. iShares Global Financials ETF accounts for 1.7% of Ayalon Insurance Comp Ltd.’s portfolio, making the stock its 17th largest holding. Ayalon Insurance Comp Ltd. owned 1.25% of iShares Global Financials ETF worth $5,056,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Money Design Co. Ltd. bought a new stake in iShares Global Financials ETF in the 4th quarter valued at $4,837,000. Raymond James & Associates increased its holdings in shares of iShares Global Financials ETF by 57.4% in the 4th quarter. Raymond James & Associates now owns 4,818 shares of the company’s stock worth $379,000 after buying an additional 1,757 shares during the last quarter. National Bank of Canada FI increased its holdings 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 last quarter. Sound Income Strategies LLC bought a new stake in shares of iShares Global Financials ETF in the 4th quarter worth about $38,000. Finally, Richard Bernstein Advisors LLC increased its holdings in shares of iShares Global Financials ETF by 25,473.5% in the 3rd quarter. Richard Bernstein Advisors LLC now owns 66,491 shares of the company’s stock worth $4,684,000 after buying an additional 66,231 shares during the last quarter.

iShares Global Financials ETF Price Performance

Shares of iShares Global Financials ETF stock traded down $0.58 during trading hours on Wednesday, reaching $84.75. The company’s stock had a trading volume of 4,845 shares, compared to its average volume of 12,583. The firm has a 50 day moving average price of $85.83 and a 200-day moving average price of $82.76. iShares Global Financials ETF has a one year low of $66.83 and a one year high of $88.94. The stock has a market cap of $394.09 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).