Mirae Asset Global Investments Co. Ltd. Buys New Shares in iShares Global Financials ETF $IXG

Mirae Asset Global Investments Co. Ltd. bought a new stake in shares of iShares Global Financials ETF (NYSEARCA:IXG) in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 7,580 shares of the company’s stock, valued at approximately $963,000. Mirae Asset Global Investments Co. Ltd. owned about 0.14% of iShares Global Financials ETF at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in the business. Avior Wealth Management LLC acquired a new stake in shares of iShares Global Financials ETF during the third quarter worth $10,934,000. D.A. Davidson & CO. purchased a new position in iShares Global Financials ETF in the 3rd quarter worth about $273,000. Fifth Third Bancorp increased its stake in iShares Global Financials ETF by 27.0% in the 1st quarter. Fifth Third Bancorp now owns 3,669 shares of the company’s stock worth $418,000 after purchasing an additional 781 shares in the last quarter. Sanctuary Advisors LLC increased its position in shares of iShares Global Financials ETF by 45.1% in the first quarter. Sanctuary Advisors LLC now owns 2,437 shares of the company’s stock worth $278,000 after acquiring an additional 757 shares in the last quarter. Finally, KCM Investment Advisors LLC lifted its position in shares of iShares Global Financials ETF by 10.7% in the 1st quarter. KCM Investment Advisors LLC now owns 6,510 shares of the company’s stock valued at $742,000 after acquiring an additional 628 shares in the last quarter.

iShares Global Financials ETF Price Performance

Shares of NYSEARCA:IXG opened at $130.05 on Monday. The company’s fifty day moving average is $130.42 and its two-hundred day moving average is $125.05. iShares Global Financials ETF has a 12-month low of $109.99 and a 12-month high of $137.00. The company has a market cap of $702.27 million, a P/E ratio of 14.17 and a beta of 0.81.

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.