Founders Grove Wealth Partners LLC Purchases Shares of 15,043 iShares Global Financials ETF (NYSEARCA:IXG)

Founders Grove Wealth Partners LLC purchased a new stake in shares of iShares Global Financials ETF (NYSEARCA:IXG) in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 15,043 shares of the company’s stock, valued at approximately $1,445,000. Founders Grove Wealth Partners LLC owned about 0.32% of iShares Global Financials ETF at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of IXG. International Assets Investment Management LLC raised its position in iShares Global Financials ETF by 9,085.3% during the 3rd quarter. International Assets Investment Management LLC now owns 318,545 shares of the company’s stock valued at $30,128,000 after purchasing an additional 315,077 shares during the last quarter. EWG Elevate Inc. purchased a new position in shares of iShares Global Financials ETF during the 4th quarter worth approximately $1,661,000. Mirae Asset Global Investments Co. Ltd. purchased a new position in shares of iShares Global Financials ETF during the 3rd quarter worth approximately $1,617,000. Sanctuary Advisors LLC purchased a new position in shares of iShares Global Financials ETF during the 2nd quarter worth approximately $226,000. Finally, Creative Planning grew its holdings in shares of iShares Global Financials ETF by 87.1% during the 2nd quarter. Creative Planning now owns 5,060 shares of the company’s stock worth $430,000 after acquiring an additional 2,356 shares during the period.

iShares Global Financials ETF Stock Performance

IXG stock opened at $95.85 on Wednesday. iShares Global Financials ETF has a fifty-two week low of $76.10 and a fifty-two week high of $105.79. The business’s 50 day moving average price is $98.37 and its two-hundred day moving average price is $93.91. The company has a market capitalization of $445.70 million, a price-to-earnings ratio of 15.34 and a beta of 0.81.

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).