Family Firm Inc. Sells 336 Shares of iShares Global Financials ETF (NYSEARCA:IXG)

Family Firm Inc. cut its stake in shares of iShares Global Financials ETF (NYSEARCA:IXG) by 6.0% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 5,248 shares of the company’s stock after selling 336 shares during the period. Family Firm Inc. owned 0.11% of iShares Global Financials ETF worth $504,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently modified their holdings of the stock. HighTower Advisors LLC increased its position in shares of iShares Global Financials ETF by 4.3% during the fourth quarter. HighTower Advisors LLC now owns 3,823 shares of the company’s stock valued at $367,000 after buying an additional 159 shares during the period. Jones Financial Companies Lllp increased its position in shares of 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 buying an additional 199 shares during the period. Sanctuary Advisors LLC increased its position in shares of iShares Global Financials ETF by 12.0% during the third 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 period. Private Advisor Group LLC increased its position in shares of iShares Global Financials ETF by 17.2% during the fourth quarter. Private Advisor Group LLC now owns 6,166 shares of the company’s stock valued at $592,000 after buying an additional 906 shares during the period. Finally, Cookson Peirce & Co. Inc. increased its position in shares of iShares Global Financials ETF by 71.9% during the fourth quarter. Cookson Peirce & Co. Inc. now owns 4,456 shares of the company’s stock valued at $428,000 after buying an additional 1,864 shares during the period.

iShares Global Financials ETF Trading Up 2.3 %

Shares of NYSEARCA IXG opened at $101.63 on Friday. iShares Global Financials ETF has a 12 month low of $81.38 and a 12 month high of $106.16. The firm has a market capitalization of $447.17 million, a price-to-earnings ratio of 14.21 and a beta of 1.00. The business has a 50-day moving average of $101.25 and a 200-day moving average of $98.02.

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).