iShares Global Financials ETF (NYSEARCA:IXG) Shares Bought by Arete Wealth Advisors LLC

Arete Wealth Advisors LLC lifted its stake in shares of iShares Global Financials ETF (NYSEARCA:IXG) by 26.7% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 37,336 shares of the company’s stock after buying an additional 7,870 shares during the quarter. Arete Wealth Advisors LLC owned 0.80% of iShares Global Financials ETF worth $3,586,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also made changes to their positions in the company. Strategic Financial Concepts LLC bought a new position in iShares Global Financials ETF during the 4th quarter worth approximately $192,000. Sanctuary Advisors LLC boosted its holdings in shares of iShares Global Financials ETF by 12.0% in the third quarter. Sanctuary Advisors LLC now owns 3,006 shares of the company’s stock valued at $303,000 after acquiring an additional 321 shares in the last quarter. HighTower Advisors LLC increased its position in shares of iShares Global Financials ETF by 10.0% during the 3rd quarter. HighTower Advisors LLC now owns 3,664 shares of the company’s stock valued at $344,000 after purchasing an additional 333 shares during the period. Vontobel Holding Ltd. bought a new stake in iShares Global Financials ETF in the fourth quarter worth about $288,000. Finally, Jones Financial Companies Lllp lifted its stake in iShares Global Financials ETF by 12.6% during the fourth 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.

iShares Global Financials ETF Stock Up 1.1 %

Shares of iShares Global Financials ETF stock opened at $104.10 on Thursday. The stock’s fifty day moving average is $102.81 and its 200-day moving average is $99.08. The firm has a market capitalization of $473.66 million, a PE ratio of 14.26 and a beta of 1.00. iShares Global Financials ETF has a 12-month low of $81.38 and a 12-month high of $106.16.

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).