iShares Global Financials ETF $IXG Shares Sold by Cetera Investment Advisers

Cetera Investment Advisers decreased its stake in shares of iShares Global Financials ETF (NYSEARCA:IXG) by 51.1% in the 1st quarter, according to its most recent Form 13F filing with the SEC. The fund owned 2,580 shares of the company’s stock after selling 2,693 shares during the period. Cetera Investment Advisers owned 0.06% of iShares Global Financials ETF worth $266,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Wells Fargo & Company MN grew its stake in iShares Global Financials ETF by 167.2% during the fourth quarter. Wells Fargo & Company MN now owns 15,965 shares of the company’s stock worth $1,534,000 after buying an additional 9,989 shares during the period. Raymond James Financial Inc. purchased a new stake in iShares Global Financials ETF during the fourth quarter worth approximately $605,000. Jane Street Group LLC purchased a new stake in iShares Global Financials ETF during the fourth quarter worth approximately $2,793,000. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main purchased a new stake in iShares Global Financials ETF during the fourth quarter worth approximately $176,000. Finally, GTS Securities LLC purchased a new stake in iShares Global Financials ETF during the fourth quarter worth approximately $215,000.

iShares Global Financials ETF Stock Up 0.8%

IXG opened at $114.53 on Thursday. iShares Global Financials ETF has a 52-week low of $88.04 and a 52-week high of $114.81. The company has a 50 day moving average of $111.03 and a two-hundred day moving average of $105.95. The company has a market cap of $572.65 million, a P/E ratio of 14.77 and a beta of 0.99.

iShares Global Financials ETF 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).