Strategic Financial Concepts LLC Makes New Investment in iShares Global Financials ETF (NYSEARCA:IXG)

Strategic Financial Concepts LLC bought a new position in iShares Global Financials ETF (NYSEARCA:IXG) during the 4th quarter, according to its most recent filing with the SEC. The institutional investor bought 192,113 shares of the company’s stock, valued at approximately $192,000. Strategic Financial Concepts LLC owned approximately 4.13% of iShares Global Financials ETF at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of IXG. International Assets Investment Management LLC lifted its holdings in shares of iShares Global Financials ETF by 9,085.3% during the 3rd 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 last quarter. EWG Elevate Inc. bought a new stake in shares of iShares Global Financials ETF during the 4th quarter worth $1,661,000. Mirae Asset Global Investments Co. Ltd. bought a new stake in shares of iShares Global Financials ETF during the 3rd quarter worth $1,617,000. Founders Grove Wealth Partners LLC bought a new stake in shares of iShares Global Financials ETF during the 4th quarter worth $1,445,000. Finally, Advisors Preferred LLC lifted its holdings in shares of iShares Global Financials ETF by 83.5% during the 4th quarter. Advisors Preferred LLC now owns 14,707 shares of the company’s stock worth $1,406,000 after acquiring an additional 6,693 shares during the last quarter.

iShares Global Financials ETF Stock Performance

NYSEARCA IXG opened at $102.56 on Friday. iShares Global Financials ETF has a 52-week low of $81.38 and a 52-week high of $105.79. The company has a market capitalization of $482.03 million, a P/E ratio of 14.51 and a beta of 1.01. The company has a fifty day moving average of $99.48 and a 200-day moving average of $96.47.

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).