Slow Capital Inc. lessened its stake in iShares Global Financials ETF (NYSEARCA:IXG) by 3.3% during the 2nd quarter, Holdings Channel.com reports. The institutional investor owned 21,835 shares of the company’s stock after selling 737 shares during the quarter. Slow Capital Inc.’s holdings in iShares Global Financials ETF were worth $1,399,000 at the end of the most recent reporting period.

Other hedge funds also recently added to or reduced their stakes in the company. KCS Wealth Advisory increased its stake in iShares Global Financials ETF by 1.1% during the second quarter. KCS Wealth Advisory now owns 16,190 shares of the company’s stock worth $1,038,000 after purchasing an additional 184 shares during the period. Steward Partners Investment Advisory LLC purchased a new stake in iShares Global Financials ETF during the second quarter worth about $337,000. FIL Ltd increased its stake in iShares Global Financials ETF by 5.6% during the first quarter. FIL Ltd now owns 660,434 shares of the company’s stock worth $40,610,000 after purchasing an additional 35,272 shares during the period. Pictet Asset Management Ltd. purchased a new stake in iShares Global Financials ETF during the first quarter worth about $1,261,000. Finally, Nomura Asset Management Co. Ltd. increased its stake in iShares Global Financials ETF by 5.6% during the first quarter. Nomura Asset Management Co. Ltd. now owns 7,600 shares of the company’s stock worth $467,000 after purchasing an additional 400 shares during the period.

NYSEARCA:IXG traded up $0.87 on Tuesday, reaching $61.19. 382 shares of the company’s stock were exchanged, compared to its average volume of 57,972. The business has a fifty day simple moving average of $63.84. iShares Global Financials ETF has a 52-week low of $53.62 and a 52-week high of $68.19.

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).

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Institutional Ownership by Quarter for iShares Global Financials ETF (NYSEARCA:IXG)

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