Johnson Bixby & Associates LLC Sells 126,864 Shares of iShares Global Financials ETF $IXG

Johnson Bixby & Associates LLC lessened its holdings in iShares Global Financials ETF (NYSEARCA:IXG) by 96.7% during the first quarter, according to the company in its most recent disclosure with the SEC. The firm owned 4,348 shares of the company’s stock after selling 126,864 shares during the quarter. Johnson Bixby & Associates LLC’s holdings in iShares Global Financials ETF were worth $496,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in IXG. Bank of America Corp DE lifted its holdings in shares of iShares Global Financials ETF by 9.6% during the third quarter. Bank of America Corp DE now owns 309,112 shares of the company’s stock valued at $36,065,000 after purchasing an additional 27,062 shares during the last quarter. HighTower Advisors LLC boosted its position in shares of iShares Global Financials ETF by 1,074.0% in the 4th quarter. HighTower Advisors LLC now owns 106,705 shares of the company’s stock worth $12,889,000 after purchasing an additional 97,616 shares in the last quarter. Ameriprise Financial Inc. grew its stake in shares of iShares Global Financials ETF by 26.1% in the 3rd quarter. Ameriprise Financial Inc. now owns 81,175 shares of the company’s stock worth $9,471,000 after buying an additional 16,789 shares during the last quarter. Raymond James Financial Inc. grew its stake in shares of iShares Global Financials ETF by 543.9% in the 3rd quarter. Raymond James Financial Inc. now owns 69,261 shares of the company’s stock worth $8,081,000 after buying an additional 58,504 shares during the last quarter. Finally, Susquehanna International Group LLP increased its position in iShares Global Financials ETF by 1,633.9% during the 3rd quarter. Susquehanna International Group LLP now owns 64,867 shares of the company’s stock valued at $7,568,000 after buying an additional 61,126 shares in the last quarter.

iShares Global Financials ETF Price Performance

IXG stock opened at $124.88 on Monday. The business has a 50 day moving average of $121.81 and a 200 day moving average of $119.94. The firm has a market cap of $555.72 million, a PE ratio of 14.77 and a beta of 0.81. iShares Global Financials ETF has a twelve month low of $106.22 and a twelve month high of $127.03.

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). The Index is a subset of the Standard & Poor’s Global 1200 Index. The Index includes major banks, diversified financial companies, insurance companies, real estate companies, savings and loan associations, and securities brokers.