86,097 Shares in iShares Global Financials ETF $IXG Acquired by Avior Wealth Management LLC

Avior Wealth Management LLC purchased a new position in iShares Global Financials ETF (NYSEARCA:IXG) in the third quarter, HoldingsChannel reports. The institutional investor purchased 86,097 shares of the company’s stock, valued at approximately $10,934,000.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in IXG. Kestra Advisory Services LLC boosted its holdings in shares of iShares Global Financials ETF by 3.6% in the 1st quarter. Kestra Advisory Services LLC now owns 8,502 shares of the company’s stock worth $969,000 after purchasing an additional 293 shares in the last quarter. KCM Investment Advisors LLC boosted its holdings in iShares Global Financials ETF by 10.7% during the 1st quarter. KCM Investment Advisors LLC now owns 6,510 shares of the company’s stock valued at $742,000 after acquiring an additional 628 shares during the period. Fifth Third Bancorp grew its holdings in shares of iShares Global Financials ETF by 27.0% in the first quarter. Fifth Third Bancorp now owns 3,669 shares of the company’s stock worth $418,000 after purchasing an additional 781 shares during the last quarter. World Investment Advisors bought a new stake in iShares Global Financials ETF in the 4th quarter worth $414,000. Finally, Unique Wealth LLC purchased a new position in iShares Global Financials ETF during the 1st quarter valued at about $399,000.

iShares Global Financials ETF Stock Performance

NYSEARCA IXG opened at $128.06 on Tuesday. The stock has a market cap of $697.93 million, a P/E ratio of 14.77 and a beta of 0.82. iShares Global Financials ETF has a fifty-two week low of $109.99 and a fifty-two week high of $137.00. The stock has a 50 day simple moving average of $132.20 and a two-hundred day simple moving average of $126.44.

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.