Mirae Asset Global Investments Co. Ltd. Sells 4,000 Shares of iShares Global Financials ETF (NYSEARCA:IXG)

Mirae Asset Global Investments Co. Ltd. reduced its holdings in iShares Global Financials ETF (NYSEARCA:IXG) by 23.4% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 13,120 shares of the company’s stock after selling 4,000 shares during the quarter. Mirae Asset Global Investments Co. Ltd.’s holdings in iShares Global Financials ETF were worth $1,262,000 as of its most recent filing with the SEC.

A number of other institutional investors have also made changes to their positions in the business. Creative Planning grew its holdings in iShares Global Financials ETF by 87.1% in the 2nd quarter. Creative Planning now owns 5,060 shares of the company’s stock valued at $430,000 after buying an additional 2,356 shares during the last quarter. Sanctuary Advisors LLC bought a new stake in shares of iShares Global Financials ETF in the second quarter valued at approximately $226,000. MPS Loria Financial Planners LLC acquired a new stake in shares of iShares Global Financials ETF in the third quarter worth $201,000. International Assets Investment Management LLC increased its position in iShares Global Financials ETF by 9,085.3% during the third quarter. International Assets Investment Management LLC now owns 318,545 shares of the company’s stock worth $30,128,000 after acquiring an additional 315,077 shares during the period. Finally, HighTower Advisors LLC raised its stake in iShares Global Financials ETF by 10.0% during the 3rd quarter. HighTower Advisors LLC now owns 3,664 shares of the company’s stock valued at $344,000 after purchasing an additional 333 shares during the last quarter.

iShares Global Financials ETF Price Performance

NYSEARCA IXG opened at $103.01 on Wednesday. The company’s fifty day moving average is $98.93 and its two-hundred day moving average is $95.72. iShares Global Financials ETF has a 52-week low of $78.57 and a 52-week high of $105.79. The firm has a market capitalization of $479.00 million, a price-to-earnings ratio of 15.34 and a beta of 0.81.

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).