iShares Global Financials ETF (NYSEARCA:IXG) Stock Price Up 0.3% – Here’s What Happened

Shares of iShares Global Financials ETF (NYSEARCA:IXG) rose 0.3% during mid-day trading on Monday . The stock traded as high as $101.24 and last traded at $100.93. Approximately 6,573 shares changed hands during trading, a decline of 67% from the average daily volume of 20,068 shares. The stock had previously closed at $100.65.

iShares Global Financials ETF Stock Performance

The firm has a fifty day simple moving average of $96.22 and a 200-day simple moving average of $90.99. The company has a market capitalization of $469.32 million, a PE ratio of 15.34 and a beta of 0.81.

Institutional Investors Weigh In On iShares Global Financials ETF

Several hedge funds and other institutional investors have recently bought and sold shares of IXG. MPS Loria Financial Planners LLC bought a new stake in shares of iShares Global Financials ETF in the 3rd quarter valued at approximately $201,000. Integrated Wealth Concepts LLC bought a new stake in shares of iShares Global Financials ETF in the 3rd quarter valued at approximately $210,000. Signature Estate & Investment Advisors LLC bought a new stake in shares of iShares Global Financials ETF in the 2nd quarter valued at approximately $228,000. Sanctuary Advisors LLC bought a new stake in shares of iShares Global Financials ETF in the 2nd quarter valued at approximately $226,000. Finally, Lynx Investment Advisory bought a new stake in shares of iShares Global Financials ETF in the 2nd quarter valued at approximately $232,000.

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).