Janney Montgomery Scott LLC Has $847,000 Stake in iShares Global Financials ETF $IXG

Janney Montgomery Scott LLC increased its position in iShares Global Financials ETF (NYSEARCA:IXG) by 27.9% in the second quarter, according to its most recent 13F filing with the SEC. The firm owned 7,644 shares of the company’s stock after purchasing an additional 1,668 shares during the period. Janney Montgomery Scott LLC owned about 0.15% of iShares Global Financials ETF worth $847,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Wayfinding Financial LLC acquired a new position in iShares Global Financials ETF in the 1st quarter worth approximately $27,000. Farther Finance Advisors LLC increased its stake in shares of iShares Global Financials ETF by 423.2% during the 1st quarter. Farther Finance Advisors LLC now owns 518 shares of the company’s stock worth $53,000 after purchasing an additional 419 shares during the last quarter. Provident Wealth Management LLC acquired a new position in shares of iShares Global Financials ETF during the 1st quarter worth $62,000. Beacon Capital Management LLC acquired a new position in shares of iShares Global Financials ETF during the 1st quarter worth $111,000. Finally, Wedmont Private Capital acquired a new position in iShares Global Financials ETF in the 2nd quarter valued at $228,000.

iShares Global Financials ETF Trading Up 0.8%

NYSEARCA:IXG opened at $115.02 on Wednesday. iShares Global Financials ETF has a 1 year low of $88.04 and a 1 year high of $117.23. The firm’s fifty day simple moving average is $115.07 and its 200 day simple moving average is $109.40. The firm has a market capitalization of $603.86 million, a PE ratio of 14.77 and a beta of 0.99.

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).