LPL Financial LLC Has $3.17 Million Stock Position in iShares Global Financials ETF (NYSEARCA:IXG)

LPL Financial LLC boosted its position in iShares Global Financials ETF (NYSEARCA:IXG) by 4.3% in the 1st quarter, according to its most recent filing with the SEC. The fund owned 30,738 shares of the company’s stock after purchasing an additional 1,268 shares during the period. LPL Financial LLC owned about 0.68% of iShares Global Financials ETF worth $3,167,000 as of its most recent filing with the SEC.

Other hedge funds have also bought and sold shares of the company. Franklin Resources Inc. raised its holdings in 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 acquiring an additional 150 shares during the period. Wells Fargo & Company MN raised its holdings in iShares Global Financials ETF by 167.2% in the 4th quarter. Wells Fargo & Company MN now owns 15,965 shares of the company’s stock valued at $1,534,000 after acquiring an additional 9,989 shares during the period. Raymond James Financial Inc. bought a new position in iShares Global Financials ETF in the 4th quarter valued at about $605,000. Jane Street Group LLC bought a new position in iShares Global Financials ETF in the 4th quarter valued at about $2,793,000. Finally, DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main bought a new position in iShares Global Financials ETF in the 4th quarter valued at about $176,000.

iShares Global Financials ETF Stock Down 0.5%

iShares Global Financials ETF stock opened at $114.10 on Friday. iShares Global Financials ETF has a twelve month low of $88.04 and a twelve month high of $114.81. The stock has a market cap of $570.50 million, a P/E ratio of 14.77 and a beta of 0.99. The company’s 50-day moving average price is $110.77 and its two-hundred day moving average price is $105.73.

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).