Belpointe Asset Management LLC Takes Position in iShares Global Financials ETF (NYSEARCA:IXG)

Belpointe Asset Management LLC acquired a new position in iShares Global Financials ETF (NYSEARCA:IXG – Get Rating) during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 582 shares of the company’s stock, valued at approximately $41,000.

Other institutional investors also recently modified their holdings of the company. Vigilant Capital Management LLC grew its position in iShares Global Financials ETF by 41.7% during the fourth quarter. Vigilant Capital Management LLC now owns 680 shares of the company’s stock valued at $48,000 after acquiring an additional 200 shares during the last quarter. BlackRock Inc. grew its position in iShares Global Financials ETF by 4,387.5% during the third quarter. BlackRock Inc. now owns 1,077 shares of the company’s stock valued at $66,000 after acquiring an additional 1,053 shares during the last quarter. City State Bank grew its position in iShares Global Financials ETF by 9,600.0% during the fourth quarter. City State Bank now owns 2,425 shares of the company’s stock valued at $170,000 after acquiring an additional 2,400 shares during the last quarter. Cedar Brook Financial Partners LLC bought a new position in iShares Global Financials ETF during the fourth quarter valued at approximately $202,000. Finally, Ifrah Financial Services Inc. purchased a new stake in shares of iShares Global Financials ETF during the third quarter valued at approximately $210,000.

iShares Global Financials ETF Trading Down 0.2 %

IXG opened at $68.85 on Friday. The stock has a fifty day simple moving average of $69.65 and a two-hundred day simple moving average of $71.64. The company has a market cap of $423.43 million, a price-to-earnings ratio of 9.07 and a beta of 0.99. iShares Global Financials ETF has a 12-month low of $59.97 and a 12-month high of $77.22.

About iShares Global Financials ETF

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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).