November 22, 2016 - By Clifton Ray · 0 Comments
Nov 22 is a positive day so far for iShares Global Financials (NYSEARCA:IXG) as the ETF is active during the day after gaining 0.32% to hit $56.12 per share. The exchange traded fund has 332.90M net assets and 1.00% volatility this month.
Over the course of the day 3,289 shares traded hands, as compared to an average volume of 61,590 over the last 30 days for iShares Global Financials (NYSEARCA:IXG).
The ETF is -0.20% of its 52-Week High and 32.55% of its low, and is currently having ATR of 0.72. This year’s performance is 5.94% while this quarter’s performance is 8.03%.
The ETF’s YTD performance is 0.49%, the 1 year is -1.05% and the 3 year is 0.99%.
The ETF’s average P/E ratio is 11.97, the price to book is 1.01, the price to sales is 1.53 and the price to cashflow is 3.17. It was started on 11/26/2001. The fund’s top holdings are: Berkshire Hathaway Inc B for 5.00% of assets, JP Morgan Chase & Co. Common St for 4.53%, Wells Fargo & Company Common St for 3.78%, Bank of America Corporation Com for 3.05%, HSBC Holdings PLC for 2.72%, Citigroup Inc. Common Stock for 2.58%, Commonwealth Bank of Australia for 1.75%, ROYAL BANK OF CANADA for 1.68%, TD US Small-Cap Equity – I for 1.53%, Westpac Banking Corp for 1.41%. The ETF sector weights are: Financial Services 98.19%, Realestate 0.56%, Consumer Defensive 0.11%, Industrials 1.14%. The ETF currently as 2.94% yield.
More notable recent iShares S&P Global Financials Sect.(ETF) (NYSEARCA:IXG) news were published by: Benzinga.com which released: “Are We Seeing A Sector Rotation Away From Financials And Into Healthcare?” on May 05, 2016, also Profitconfidential.com with their article: “Bank Stocks: Triple-Digit Upside in This Sector?” published on May 27, 2016, Nasdaq.com published: “Mid-Day ETF Update: ETFs, Stocks Higher as U.S. Election Underway” on November 08, 2016. More interesting news about iShares S&P Global Financials Sect.(ETF) (NYSEARCA:IXG) were released by: Wsj.com and their article: “New Real Estate Component in S&P Index Could Leave Financial Stocks Adrift” published on May 12, 2016 as well as Wsj.com‘s news article titled: “When REITs Leave, Financial-Sector Funds Could Lose Some Yield” with publication date: August 18, 2016.
Ishares S&P Global Financials Sector Index Fund, formerly iShares Global Financials ETF , is an exchange-traded fund (ETF). The ETF has a market cap of $332.90 million. 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). It has a 37.21 P/E ratio. The Index is a subset of the Standard & Poor’s Global 1200 Index.
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By Clifton Ray