6,295 Shares in iShares Global Financials ETF (NYSEARCA:IXG) Acquired by Raymond James Financial Inc.

Raymond James Financial Inc. acquired a new position in shares of iShares Global Financials ETF (NYSEARCA:IXG) in the fourth quarter, HoldingsChannel.com reports. The firm acquired 6,295 shares of the company’s stock, valued at approximately $605,000.

Other large investors have also recently added to or reduced their stakes in the company. Jones Financial Companies Lllp grew its position in shares of iShares Global Financials ETF by 12.6% during the fourth quarter. Jones Financial Companies Lllp now owns 1,775 shares of the company’s stock worth $171,000 after acquiring an additional 199 shares during the last quarter. Client 1ST Advisory Group LLC bought a new position in iShares Global Financials ETF in the 4th quarter worth about $205,000. Integrated Wealth Concepts LLC acquired a new stake in shares of iShares Global Financials ETF in the third quarter valued at approximately $210,000. Partners Wealth Management LLC bought a new stake in shares of iShares Global Financials ETF during the fourth quarter valued at approximately $237,000. Finally, Vontobel Holding Ltd. acquired a new position in shares of iShares Global Financials ETF during the fourth quarter worth approximately $288,000.

iShares Global Financials ETF Price Performance

IXG opened at $92.01 on Monday. The stock’s 50 day moving average price is $102.61 and its 200 day moving average price is $99.16. The stock has a market cap of $418.65 million, a P/E ratio of 14.26 and a beta of 1.00. iShares Global Financials ETF has a 12 month low of $81.38 and a 12 month high of $106.16.

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).