Gladstone Institutional Advisory LLC Sells 1,021 Shares of iShares Global Financials ETF (NYSEARCA:IXG)

Gladstone Institutional Advisory LLC cut its position in iShares Global Financials ETF (NYSEARCA:IXG) by 12.3% in the 3rd quarter, Holdings Channel reports. The institutional investor owned 7,277 shares of the company’s stock after selling 1,021 shares during the quarter. Gladstone Institutional Advisory LLC’s holdings in iShares Global Financials ETF were worth $688,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the company. International Assets Investment Management LLC raised its holdings in iShares Global Financials ETF by 9,085.3% in the 3rd quarter. International Assets Investment Management LLC now owns 318,545 shares of the company’s stock worth $30,128,000 after acquiring an additional 315,077 shares during the last quarter. Jane Street Group LLC raised its stake in shares of iShares Global Financials ETF by 57.2% in the first quarter. Jane Street Group LLC now owns 162,878 shares of the company’s stock worth $14,112,000 after purchasing an additional 59,255 shares during the last quarter. Strategic Financial Concepts LLC purchased a new stake in shares of iShares Global Financials ETF during the second quarter valued at $138,000. Leo Wealth LLC increased its holdings in iShares Global Financials ETF by 5.4% in the 1st quarter. Leo Wealth LLC now owns 93,247 shares of the company’s stock worth $8,058,000 after buying an additional 4,807 shares in the last quarter. Finally, Mirae Asset Global Investments Co. Ltd. purchased a new position in iShares Global Financials ETF in the 3rd quarter worth about $1,617,000.

iShares Global Financials ETF Stock Performance

iShares Global Financials ETF stock opened at $95.06 on Monday. The stock has a market cap of $442.03 million, a PE ratio of 15.34 and a beta of 0.81. The stock has a fifty day moving average of $94.14 and a 200 day moving average of $89.37. iShares Global Financials ETF has a one year low of $69.58 and a one year high of $97.69.

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).