M&T Bank Corp Has $2.50 Million Stock Holdings in iShares Global Financials ETF (NYSEARCA:IXG)

M&T Bank Corp lessened its stake in shares of iShares Global Financials ETF (NYSEARCA:IXG) by 12.3% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 24,300 shares of the company’s stock after selling 3,404 shares during the period. M&T Bank Corp owned 0.53% of iShares Global Financials ETF worth $2,503,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Wayfinding Financial LLC acquired a new stake in shares of iShares Global Financials ETF in the first quarter worth $27,000. Sava Infond d.o.o. acquired a new stake in shares of iShares Global Financials ETF in the fourth quarter worth $38,000. Franklin Resources Inc. grew its stake in shares of iShares Global Financials ETF by 41.7% in the fourth quarter. Franklin Resources Inc. now owns 510 shares of the company’s stock worth $49,000 after acquiring an additional 150 shares during the last quarter. Farther Finance Advisors LLC grew its stake in shares of iShares Global Financials ETF by 423.2% in the first quarter. Farther Finance Advisors LLC now owns 518 shares of the company’s stock worth $53,000 after acquiring an additional 419 shares during the last quarter. Finally, Provident Wealth Management LLC acquired a new stake in shares of iShares Global Financials ETF in the first quarter worth $62,000.

iShares Global Financials ETF Trading Down 1.1%

Shares of iShares Global Financials ETF stock opened at $110.77 on Friday. The company’s fifty day simple moving average is $108.64 and its 200-day simple moving average is $103.27. The company has a market cap of $542.77 million, a price-to-earnings ratio of 14.77 and a beta of 0.99. iShares Global Financials ETF has a 1 year low of $82.60 and a 1 year high of $112.22.

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).