iShares Global Financials ETF (NYSEARCA:IXG) Short Interest Update

iShares Global Financials ETF (NYSEARCA:IXG) was the recipient of a significant decrease in short interest during the month of December. As of December 15th, there was short interest totaling 1,350 shares, a decrease of 73.3% from the November 30th total of 5,059 shares. Based on an average daily volume of 31,525 shares, the short-interest ratio is presently 0.0 days. Currently, 0.0% of the company’s stock are sold short. Currently, 0.0% of the company’s stock are sold short. Based on an average daily volume of 31,525 shares, the short-interest ratio is presently 0.0 days.

iShares Global Financials ETF Trading Down 0.0%

NYSEARCA:IXG traded down $0.01 on Friday, hitting $122.43. The company’s stock had a trading volume of 38,062 shares, compared to its average volume of 25,810. iShares Global Financials ETF has a one year low of $88.04 and a one year high of $122.54. The firm has a market capitalization of $642.76 million, a P/E ratio of 14.77 and a beta of 0.93. The stock has a fifty day moving average of $116.64 and a two-hundred day moving average of $114.28.

Institutional Trading of iShares Global Financials ETF

Institutional investors have recently added to or reduced their stakes in the company. HighTower Advisors LLC increased its position in iShares Global Financials ETF by 110.4% during the 1st quarter. HighTower Advisors LLC now owns 8,042 shares of the company’s stock worth $829,000 after buying an additional 4,219 shares during the period. Kestra Advisory Services LLC grew its stake in shares of iShares Global Financials ETF by 236.2% in the first quarter. Kestra Advisory Services LLC now owns 7,803 shares of the company’s stock valued at $804,000 after acquiring an additional 5,482 shares in the last quarter. Northwestern Mutual Wealth Management Co. increased its position in iShares Global Financials ETF by 279.0% during the first quarter. Northwestern Mutual Wealth Management Co. now owns 3,502 shares of the company’s stock worth $361,000 after acquiring an additional 2,578 shares during the period. Integrated Wealth Concepts LLC raised its stake in iShares Global Financials ETF by 11.4% in the 1st quarter. Integrated Wealth Concepts LLC now owns 2,473 shares of the company’s stock worth $255,000 after purchasing an additional 253 shares in the last quarter. Finally, Jones Financial Companies Lllp raised its stake in iShares Global Financials ETF by 6,907.8% in the 1st quarter. Jones Financial Companies Lllp now owns 124,388 shares of the company’s stock worth $12,814,000 after purchasing an additional 122,613 shares in the last quarter.

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). 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.