Lynx Investment Advisory Increases Holdings in iShares Global Financials ETF (NYSEARCA:IXG)

Lynx Investment Advisory boosted its position in iShares Global Financials ETF (NYSEARCA:IXG) by 15.5% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 3,213 shares of the company’s stock after buying an additional 431 shares during the period. Lynx Investment Advisory owned approximately 0.07% of iShares Global Financials ETF worth $309,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors also recently bought and sold shares of IXG. HighTower Advisors LLC increased its stake in shares of iShares Global Financials ETF by 10.0% in the third quarter. HighTower Advisors LLC now owns 3,664 shares of the company’s stock worth $344,000 after acquiring an additional 333 shares during the period. Integrated Wealth Concepts LLC acquired a new stake in iShares Global Financials ETF during the 3rd quarter worth about $210,000. Sanctuary Advisors LLC raised its stake in shares of iShares Global Financials ETF by 12.0% during the 3rd quarter. Sanctuary Advisors LLC now owns 3,006 shares of the company’s stock valued at $303,000 after buying an additional 321 shares during the last quarter. EWG Elevate Inc. purchased a new stake in shares of iShares Global Financials ETF in the fourth quarter worth about $1,661,000. Finally, Founders Grove Wealth Partners LLC acquired a new stake in iShares Global Financials ETF during the fourth quarter worth about $1,445,000.

iShares Global Financials ETF Trading Down 0.4 %

Shares of IXG stock opened at $102.94 on Monday. iShares Global Financials ETF has a twelve month low of $81.38 and a twelve month high of $106.16. The stock has a 50 day moving average of $101.95 and a 200 day moving average of $98.46. The stock has a market cap of $452.94 million, a P/E ratio of 14.21 and a beta of 1.00.

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).