Cresset Asset Management LLC Raises Position in iShares Global Financials ETF $IXG

Cresset Asset Management LLC raised its position in iShares Global Financials ETF (NYSEARCA:IXG) by 37.9% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 25,951 shares of the company’s stock after buying an additional 7,127 shares during the period. Cresset Asset Management LLC owned about 0.49% of iShares Global Financials ETF worth $3,028,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. Atlantic Union Bankshares Corp acquired a new position in shares of iShares Global Financials ETF during the second quarter valued at approximately $45,000. Sava Infond d.o.o. boosted its stake in shares of iShares Global Financials ETF by 43.8% in the third quarter. Sava Infond d.o.o. now owns 575 shares of the company’s stock worth $67,000 after acquiring an additional 175 shares during the last quarter. AE Wealth Management LLC increased its position in shares of iShares Global Financials ETF by 87,900.0% during the third quarter. AE Wealth Management LLC now owns 880 shares of the company’s stock worth $103,000 after purchasing an additional 879 shares in the last quarter. Wealth Enhancement Advisory Services LLC purchased a new stake in shares of iShares Global Financials ETF during the third quarter worth approximately $206,000. Finally, JPMorgan Chase & Co. raised its stake in iShares Global Financials ETF by 1,178.9% in the 3rd quarter. JPMorgan Chase & Co. now owns 2,123 shares of the company’s stock valued at $248,000 after purchasing an additional 1,957 shares during the last quarter.

iShares Global Financials ETF Stock Performance

Shares of IXG stock opened at $114.83 on Friday. The stock’s fifty day moving average is $121.10 and its two-hundred day moving average is $117.84. The firm has a market capitalization of $625.82 million, a P/E ratio of 14.77 and a beta of 0.93. iShares Global Financials ETF has a fifty-two week low of $88.04 and a fifty-two week high of $124.32.

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). The Index is a subset of the Standard & Poor’s Global 1200 Index. The Index includes major banks, diversified financial companies, insurance companies, real estate companies, savings and loan associations, and securities brokers.