Mirae Asset Global Investments Co. Ltd. Makes New Investment in iShares Global Financials ETF $IXG

Mirae Asset Global Investments Co. Ltd. bought a new position in iShares Global Financials ETF (NYSEARCA:IXG) during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 7,580 shares of the company’s stock, valued at approximately $963,000.

Several other large investors have also made changes to their positions in IXG. Avior Wealth Management LLC acquired a new stake in iShares Global Financials ETF in the third quarter valued at approximately $10,934,000. D.A. Davidson & CO. bought a new position in shares of iShares Global Financials ETF during the 3rd quarter valued at $273,000. Fifth Third Bancorp raised its holdings in shares of iShares Global Financials ETF by 27.0% during the 1st quarter. Fifth Third Bancorp now owns 3,669 shares of the company’s stock valued at $418,000 after purchasing an additional 781 shares in the last quarter. Sanctuary Advisors LLC raised its holdings in shares of iShares Global Financials ETF by 45.1% during the 1st quarter. Sanctuary Advisors LLC now owns 2,437 shares of the company’s stock valued at $278,000 after purchasing an additional 757 shares in the last quarter. Finally, KCM Investment Advisors LLC raised its holdings in shares of 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 purchasing an additional 628 shares in the last quarter.

iShares Global Financials ETF Stock Performance

IXG stock opened at $130.05 on Monday. The firm has a market cap of $702.27 million, a PE ratio of 14.17 and a beta of 0.81. iShares Global Financials ETF has a 1 year low of $109.99 and a 1 year high of $137.00. The company has a fifty day simple moving average of $130.42 and a 200 day simple moving average of $125.05.

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.