Outlook Wealth Advisors LLC Invests $5.11 Million in iShares Global Financials ETF $IXG

Outlook Wealth Advisors LLC acquired a new stake in shares of iShares Global Financials ETF (NYSEARCA:IXG) in the third quarter, according to the company in its most recent filing with the SEC. The firm acquired 43,818 shares of the company’s stock, valued at approximately $5,112,000. iShares Global Financials ETF makes up 1.3% of Outlook Wealth Advisors LLC’s holdings, making the stock its 15th biggest position.

A number of other hedge funds also recently added to or reduced their stakes in IXG. Tiller Private Wealth Inc. grew its position in shares of iShares Global Financials ETF by 3.6% in the 2nd quarter. Tiller Private Wealth Inc. now owns 4,450 shares of the company’s stock worth $494,000 after buying an additional 155 shares during the last quarter. Cetera Investment Advisers lifted its holdings in shares of iShares Global Financials ETF by 6.2% during the second quarter. Cetera Investment Advisers now owns 2,741 shares of the company’s stock worth $304,000 after purchasing an additional 161 shares during the period. City State Bank lifted its stake in iShares Global Financials ETF by 16.3% during the 2nd quarter. City State Bank now owns 1,425 shares of the company’s stock valued at $158,000 after acquiring an additional 200 shares during the period. Integrated Wealth Concepts LLC raised its stake in shares of iShares Global Financials ETF by 11.4% during the 1st quarter. Integrated Wealth Concepts LLC now owns 2,473 shares of the company’s stock valued at $255,000 after buying an additional 253 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. boosted its position in iShares Global Financials ETF by 10.2% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 3,858 shares of the company’s stock worth $428,000 after purchasing an additional 356 shares in the last quarter.

iShares Global Financials ETF Stock Up 0.5%

IXG stock opened at $120.40 on Thursday. The firm has a market cap of $644.14 million, a P/E ratio of 14.77 and a beta of 0.93. The company’s 50-day simple moving average is $119.13 and its 200-day simple moving average is $115.87. iShares Global Financials ETF has a 52-week low of $88.04 and a 52-week high of $124.32.

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.