47,328 Shares in iShares Global Financials ETF (NYSEARCA:IXG) Purchased by Banco Santander S.A.

Banco Santander S.A. bought a new stake in iShares Global Financials ETF (NYSEARCA:IXG) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 47,328 shares of the company’s stock, valued at approximately $4,546,000. Banco Santander S.A. owned approximately 1.02% of iShares Global Financials ETF at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of the company. Jones Financial Companies Lllp boosted 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 worth $171,000 after acquiring an additional 199 shares in the last quarter. Strategic Financial Concepts LLC acquired a new position in shares of iShares Global Financials ETF during the fourth quarter valued at about $192,000. Client 1ST Advisory Group LLC bought a new position in shares of iShares Global Financials ETF during the 4th quarter worth about $205,000. Integrated Wealth Concepts LLC acquired a new stake in shares of iShares Global Financials ETF in the 3rd quarter valued at about $210,000. Finally, Partners Wealth Management LLC bought a new stake in iShares Global Financials ETF in the 4th quarter valued at about $237,000.

iShares Global Financials ETF Stock Performance

Shares of NYSEARCA:IXG opened at $102.52 on Friday. iShares Global Financials ETF has a 52-week low of $81.38 and a 52-week high of $106.16. The business’s 50 day simple moving average is $100.86 and its two-hundred day simple moving average is $97.76. The firm has a market cap of $451.09 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).