Royal Bank of Canada Has $1.98 Million Position in iShares Global Financials ETF $IXG

Royal Bank of Canada cut its holdings in iShares Global Financials ETF (NYSEARCA:IXG) by 54.0% in the 1st quarter, according to its most recent 13F filing with the SEC. The firm owned 17,347 shares of the company’s stock after selling 20,400 shares during the quarter. Royal Bank of Canada owned about 0.39% of iShares Global Financials ETF worth $1,977,000 as of its most recent SEC filing.

A number of other large investors have also bought and sold shares of the business. Integrated Wealth Concepts LLC raised its stake in shares of iShares Global Financials ETF by 11.4% in the 1st quarter. Integrated Wealth Concepts LLC now owns 2,473 shares of the company’s stock valued at $255,000 after purchasing an additional 253 shares during the period. Jane Street Group LLC boosted its position in shares of iShares Global Financials ETF by 14.2% during the first quarter. Jane Street Group LLC now owns 33,211 shares of the company’s stock worth $3,421,000 after buying an additional 4,131 shares during the period. Cetera Investment Advisers boosted its position in shares of iShares Global Financials ETF by 6.2% during the second quarter. Cetera Investment Advisers now owns 2,741 shares of the company’s stock worth $304,000 after buying an additional 161 shares during the period. Raymond James Financial Inc. grew its holdings in shares of iShares Global Financials ETF by 54.6% during the second quarter. Raymond James Financial Inc. now owns 10,757 shares of the company’s stock worth $1,192,000 after buying an additional 3,799 shares in the last quarter. Finally, Ameriprise Financial Inc. grew its holdings in shares of iShares Global Financials ETF by 174.9% during the second quarter. Ameriprise Financial Inc. now owns 64,386 shares of the company’s stock worth $7,145,000 after buying an additional 40,964 shares in the last quarter.

iShares Global Financials ETF Stock Performance

Shares of iShares Global Financials ETF stock opened at $133.88 on Wednesday. The firm has a market cap of $682.79 million, a PE ratio of 14.77 and a beta of 0.80. The business’s 50 day simple moving average is $129.45 and its 200 day simple moving average is $122.80. iShares Global Financials ETF has a 52-week low of $109.99 and a 52-week high of $135.65.

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.