Sava Infond d.o.o. Invests $38,000 in iShares Global Financials ETF (NYSEARCA:IXG)

Sava Infond d.o.o. purchased a new stake in iShares Global Financials ETF (NYSEARCA:IXG) during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 400 shares of the company’s stock, valued at approximately $38,000.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Jones Financial Companies Lllp grew its stake in shares of iShares Global Financials ETF by 12.6% in the 4th quarter. Jones Financial Companies Lllp now owns 1,775 shares of the company’s stock valued at $171,000 after purchasing an additional 199 shares during the last quarter. Strategic Financial Concepts LLC purchased a new position in iShares Global Financials ETF in the 4th quarter valued at $192,000. Client 1ST Advisory Group LLC acquired a new position in iShares Global Financials ETF in the 4th quarter valued at $205,000. Integrated Wealth Concepts LLC purchased a new position in iShares Global Financials ETF during the 3rd quarter worth $210,000. Finally, Partners Wealth Management LLC purchased a new position in iShares Global Financials ETF during the 4th quarter worth $237,000.

iShares Global Financials ETF Stock Down 0.1 %

Shares of NYSEARCA:IXG opened at $104.12 on Friday. iShares Global Financials ETF has a fifty-two week low of $81.38 and a fifty-two week high of $106.16. The firm’s 50-day simple moving average is $102.54 and its 200-day simple moving average is $98.71. The company has a market cap of $473.75 million, a price-to-earnings ratio of 14.26 and a beta of 1.00.

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).