Johnson Bixby & Associates LLC Sells 126,864 Shares of iShares Global Financials ETF $IXG

Johnson Bixby & Associates LLC cut its stake in iShares Global Financials ETF (NYSEARCA:IXG) by 96.7% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 4,348 shares of the company’s stock after selling 126,864 shares during the period. Johnson Bixby & Associates LLC owned 0.10% of iShares Global Financials ETF worth $496,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. Bank of America Corp DE grew its holdings in shares of iShares Global Financials ETF by 9.6% during the 3rd quarter. Bank of America Corp DE now owns 309,112 shares of the company’s stock worth $36,065,000 after acquiring an additional 27,062 shares during the period. HighTower Advisors LLC lifted its stake in shares of iShares Global Financials ETF by 1,074.0% in the 4th quarter. HighTower Advisors LLC now owns 106,705 shares of the company’s stock valued at $12,889,000 after purchasing an additional 97,616 shares during the period. Ameriprise Financial Inc. lifted its stake in shares of iShares Global Financials ETF by 26.1% in the 3rd quarter. Ameriprise Financial Inc. now owns 81,175 shares of the company’s stock valued at $9,471,000 after purchasing an additional 16,789 shares during the period. Raymond James Financial Inc. boosted its position in shares of iShares Global Financials ETF by 543.9% during the third quarter. Raymond James Financial Inc. now owns 69,261 shares of the company’s stock valued at $8,081,000 after purchasing an additional 58,504 shares in the last quarter. Finally, Susquehanna International Group LLP boosted its position in shares of iShares Global Financials ETF by 1,633.9% during the third quarter. Susquehanna International Group LLP now owns 64,867 shares of the company’s stock valued at $7,568,000 after purchasing an additional 61,126 shares in the last quarter.

iShares Global Financials ETF Price Performance

Shares of IXG stock opened at $124.88 on Monday. The stock has a market cap of $555.72 million, a price-to-earnings ratio of 14.77 and a beta of 0.81. The business’s fifty day moving average is $121.81 and its 200 day moving average is $119.94. iShares Global Financials ETF has a twelve month low of $106.22 and a twelve month high of $127.03.

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). 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.