iShares Global Financials ETF $IXG Shares Purchased by Envestnet Asset Management Inc.

Envestnet Asset Management Inc. lifted its stake in shares of iShares Global Financials ETF (NYSEARCA:IXG) by 1,681.5% during the third quarter, Holdings Channel.com reports. The fund owned 96,574 shares of the company’s stock after purchasing an additional 91,153 shares during the period. Envestnet Asset Management Inc.’s holdings in iShares Global Financials ETF were worth $11,268,000 at the end of the most recent reporting period.

Other hedge funds also recently modified their holdings of the company. Atlantic Union Bankshares Corp acquired a new stake in shares of iShares Global Financials ETF in the second quarter valued at $45,000. AE Wealth Management LLC grew its stake in shares of iShares Global Financials ETF by 87,900.0% in the 3rd quarter. AE Wealth Management LLC now owns 880 shares of the company’s stock worth $103,000 after purchasing an additional 879 shares during the last quarter. City State Bank raised its holdings in shares of iShares Global Financials ETF by 16.3% in the 2nd quarter. City State Bank now owns 1,425 shares of the company’s stock worth $158,000 after purchasing an additional 200 shares in the last quarter. Wealth Enhancement Advisory Services LLC acquired a new stake in iShares Global Financials ETF during the third quarter valued at approximately $206,000. Finally, Integrated Wealth Concepts LLC boosted its holdings in iShares Global Financials ETF by 11.4% during the first quarter. Integrated Wealth Concepts LLC now owns 2,473 shares of the company’s stock worth $255,000 after buying an additional 253 shares in the last quarter.

iShares Global Financials ETF Stock Performance

iShares Global Financials ETF stock opened at $120.70 on Wednesday. iShares Global Financials ETF has a 1 year low of $88.04 and a 1 year high of $124.32. The firm’s 50 day moving average price is $121.50 and its two-hundred day moving average price is $117.28. The firm has a market cap of $657.82 million, a price-to-earnings ratio of 14.77 and a beta of 0.93.

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). 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.