Pictet Asset Management Holding SA Boosts Stake in iShares Global Financials ETF (NYSEARCA:IXG)

Pictet Asset Management Holding SA raised its position in iShares Global Financials ETF (NYSEARCA:IXG) by 6.0% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 268,400 shares of the company’s stock after purchasing an additional 15,300 shares during the quarter. Pictet Asset Management Holding SA owned 0.06% of iShares Global Financials ETF worth $25,782,000 as of its most recent SEC filing.

A number of other large investors also recently added to or reduced their stakes in the company. Sava Infond d.o.o. acquired a new stake in shares of iShares Global Financials ETF during the fourth quarter worth about $38,000. Jones Financial Companies Lllp lifted its holdings in iShares Global Financials ETF by 12.6% during the 4th quarter. Jones Financial Companies Lllp now owns 1,775 shares of the company’s stock worth $171,000 after buying an additional 199 shares in the last quarter. Strategic Financial Concepts LLC purchased a new position in iShares Global Financials ETF in the 4th quarter valued at approximately $192,000. Client 1ST Advisory Group LLC acquired a new position in shares of iShares Global Financials ETF in the fourth quarter worth $205,000. Finally, Integrated Wealth Concepts LLC purchased a new stake in shares of iShares Global Financials ETF during the third quarter worth $210,000.

iShares Global Financials ETF Trading Up 0.5 %

Shares of NYSEARCA IXG opened at $103.02 on Tuesday. iShares Global Financials ETF has a 12-month low of $81.38 and a 12-month high of $106.16. The stock has a market cap of $468.74 million, a P/E ratio of 14.26 and a beta of 1.00. The business’s fifty day simple moving average is $102.69 and its 200-day simple moving average is $98.97.

iShares Global Financials ETF Company 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).