AdvisorNet Financial Inc Trims Holdings in iShares Global Financials ETF (NYSEARCA:IXG)

AdvisorNet Financial Inc trimmed its position in iShares Global Financials ETF (NYSEARCA:IXGGet Rating) by 81.6% during the second quarter, Holdings Channel.com reports. The firm owned 2,033 shares of the company’s stock after selling 9,034 shares during the period. AdvisorNet Financial Inc’s holdings in iShares Global Financials ETF were worth $134,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Rise Advisors LLC purchased a new position in shares of iShares Global Financials ETF during the 4th quarter worth about $26,000. San Luis Wealth Advisors LLC purchased a new position in shares of iShares Global Financials ETF during the 1st quarter worth about $30,000. Professional Financial Advisors LLC purchased a new position in shares of iShares Global Financials ETF during the 1st quarter worth about $31,000. Vigilant Capital Management LLC purchased a new position in shares of iShares Global Financials ETF during the 2nd quarter worth about $32,000. Finally, EverSource Wealth Advisors LLC purchased a new position in shares of iShares Global Financials ETF during the 4th quarter worth about $181,000.

iShares Global Financials ETF Trading Down 1.7 %

Shares of IXG stock opened at $65.44 on Thursday. iShares Global Financials ETF has a 1-year low of $62.48 and a 1-year high of $86.71. The firm’s 50-day simple moving average is $67.90 and its 200-day simple moving average is $71.19.

iShares Global Financials ETF Profile

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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).

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Institutional Ownership by Quarter for iShares Global Financials ETF (NYSEARCA:IXG)

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