Cwm LLC Trims Position in iShares Global Financials ETF (NYSEARCA:IXG)

Cwm LLC reduced its position in shares of iShares Global Financials ETF (NYSEARCA:IXG) by 15.9% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 2,878 shares of the company’s stock after selling 546 shares during the period. Cwm LLC’s holdings in iShares Global Financials ETF were worth $226,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in the company. Sound Income Strategies LLC acquired a new position in iShares Global Financials ETF during the fourth quarter worth about $38,000. Advisors Preferred LLC acquired a new stake in iShares Global Financials ETF during the third quarter worth approximately $39,000. Valeo Financial Advisors LLC boosted its position in iShares Global Financials ETF by 6.7% during the fourth quarter. Valeo Financial Advisors LLC now owns 4,074 shares of the company’s stock worth $320,000 after acquiring an additional 257 shares during the last quarter. Raymond James & Associates boosted its position in iShares Global Financials ETF by 57.4% during the fourth quarter. Raymond James & Associates now owns 4,818 shares of the company’s stock worth $379,000 after acquiring an additional 1,757 shares during the last quarter. Finally, Cambridge Investment Research Advisors Inc. raised its stake in iShares Global Financials ETF by 5.8% during the third quarter. Cambridge Investment Research Advisors Inc. now owns 6,546 shares of the company’s stock worth $461,000 after purchasing an additional 359 shares during the period.

iShares Global Financials ETF Stock Up 0.9 %

NYSEARCA:IXG opened at $84.84 on Friday. The company has a market cap of $394.51 million, a P/E ratio of 14.86 and a beta of 0.84. iShares Global Financials ETF has a fifty-two week low of $66.83 and a fifty-two week high of $86.83. The firm’s 50 day moving average is $84.23 and its two-hundred day moving average is $78.80.

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).