Cerity Partners LLC Has $597,000 Stake in iShares Global Financials ETF (NYSEARCA:IXG)

Cerity Partners LLC cut its stake in shares of iShares Global Financials ETF (NYSEARCA:IXG) by 5.8% during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 6,220 shares of the company’s stock after selling 385 shares during the period. Cerity Partners LLC owned about 0.13% of iShares Global Financials ETF worth $597,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. Wells Fargo & Company MN increased its stake in shares of iShares Global Financials ETF by 167.2% in the fourth quarter. Wells Fargo & Company MN now owns 15,965 shares of the company’s stock worth $1,534,000 after acquiring an additional 9,989 shares during the last quarter. Arete Wealth Advisors LLC raised its stake in shares of iShares Global Financials ETF by 26.7% during the 4th quarter. Arete Wealth Advisors LLC now owns 37,336 shares of the company’s stock worth $3,586,000 after purchasing an additional 7,870 shares in the last quarter. National Bank of Canada FI lifted its holdings in shares of iShares Global Financials ETF by 2.5% during the 4th quarter. National Bank of Canada FI now owns 4,140 shares of the company’s stock valued at $398,000 after buying an additional 100 shares during the last quarter. Franklin Resources Inc. grew its stake in shares of iShares Global Financials ETF by 41.7% in the 4th quarter. Franklin Resources Inc. now owns 510 shares of the company’s stock valued at $49,000 after buying an additional 150 shares in the last quarter. Finally, Pictet Asset Management Holding SA increased its holdings in iShares Global Financials ETF by 6.0% in the fourth quarter. Pictet Asset Management Holding SA now owns 268,400 shares of the company’s stock worth $25,782,000 after buying an additional 15,300 shares during the last quarter.

iShares Global Financials ETF Stock Up 0.6 %

IXG stock opened at $98.39 on Monday. The company has a market capitalization of $447.67 million, a price-to-earnings ratio of 13.11 and a beta of 0.89. The firm has a 50 day moving average of $101.04 and a two-hundred day moving average of $99.28. iShares Global Financials ETF has a 12 month low of $82.60 and a 12 month 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).