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

iShares Global Financials ETF (NYSEARCA:IXG) was the target of a significant growth in short interest in the month of December. As of December 31st, there was short interest totaling 17,176 shares, a growth of 1,172.3% from the December 15th total of 1,350 shares. Based on an average trading volume of 29,582 shares, the days-to-cover ratio is currently 0.6 days. Approximately 0.3% of the shares of the stock are short sold. Approximately 0.3% of the shares of the stock are short sold. Based on an average trading volume of 29,582 shares, the days-to-cover ratio is currently 0.6 days.

iShares Global Financials ETF Trading Down 0.2%

NYSEARCA:IXG traded down $0.20 during midday trading on Monday, hitting $122.46. 36,603 shares of the stock were exchanged, compared to its average volume of 35,315. The company has a market capitalization of $655.16 million, a price-to-earnings ratio of 14.77 and a beta of 0.93. iShares Global Financials ETF has a one year low of $88.04 and a one year high of $124.32. The business has a 50-day moving average price of $118.37 and a two-hundred day moving average price of $115.42.

Institutional Trading of iShares Global Financials ETF

Several institutional investors have recently modified their holdings of IXG. Integrated Wealth Concepts LLC lifted its holdings 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 valued at $255,000 after acquiring an additional 253 shares during the last quarter. Jane Street Group LLC lifted its stake in iShares Global Financials ETF by 14.2% during the first quarter. Jane Street Group LLC now owns 33,211 shares of the company’s stock valued at $3,421,000 after purchasing an additional 4,131 shares during the last quarter. Wedmont Private Capital acquired a new stake in iShares Global Financials ETF during the second quarter valued at approximately $228,000. Farther Finance Advisors LLC boosted its holdings in iShares Global Financials ETF by 103.7% during the second quarter. Farther Finance Advisors LLC now owns 1,055 shares of the company’s stock worth $117,000 after buying an additional 537 shares in the last quarter. Finally, EWG Elevate Inc. grew its position in iShares Global Financials ETF by 946.3% in the second quarter. EWG Elevate Inc. now owns 101,304 shares of the company’s stock worth $11,226,000 after buying an additional 91,622 shares during 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.