LPL Financial LLC Sells 26,668 Shares of iShares Global Financials ETF (NYSEARCA:IXG)

LPL Financial LLC decreased its position in shares of iShares Global Financials ETF (NYSEARCA:IXG – Get Rating) by 36.3% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 46,709 shares of the company’s stock after selling 26,668 shares during the quarter. LPL Financial LLC owned approximately 0.56% of iShares Global Financials ETF worth $3,283,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in IXG. Vigilant Capital Management LLC boosted its stake in iShares Global Financials ETF by 41.7% in the 4th quarter. Vigilant Capital Management LLC now owns 680 shares of the company’s stock worth $48,000 after purchasing an additional 200 shares during the period. Salomon & Ludwin LLC boosted its stake in iShares Global Financials ETF by 0.5% in the 3rd quarter. Salomon & Ludwin LLC now owns 66,234 shares of the company’s stock worth $4,061,000 after purchasing an additional 348 shares during the period. United Capital Financial Advisers LLC boosted its stake in iShares Global Financials ETF by 6.5% in the 1st quarter. United Capital Financial Advisers LLC now owns 6,076 shares of the company’s stock worth $483,000 after purchasing an additional 373 shares during the period. CX Institutional boosted its stake in iShares Global Financials ETF by 3.4% in the 4th quarter. CX Institutional now owns 18,312 shares of the company’s stock worth $1,287,000 after purchasing an additional 605 shares during the period. Finally, Fisher Asset Management LLC boosted its stake in iShares Global Financials ETF by 4.6% in the 4th quarter. Fisher Asset Management LLC now owns 19,429 shares of the company’s stock worth $1,365,000 after purchasing an additional 852 shares during the period.

iShares Global Financials ETF Stock Performance

Shares of IXG stock opened at $70.57 on Friday. The firm has a market cap of $434.01 million, a P/E ratio of 9.07 and a beta of 0.99. iShares Global Financials ETF has a fifty-two week low of $59.97 and a fifty-two week high of $77.22. The business’s 50 day moving average price is $69.47 and its 200-day moving average price is $71.54.

iShares Global Financials ETF Company Profile

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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).