This summary was created by AI, based on 2 opinions in the last 12 months.
Experts have recommended Ishares S&P Global Financials Sector Index Fund as a top pick with potential for growth in the broadening market. The fund has outperformed the MSCI World Index since fall 2020 and is considered cheap with an average 1.4x price to book. The MER is 42 bps, and the technical indicators show a sound position with price above the 200-day MA, higher highs, and higher lows. The yield is at 2.3%, making it an attractive option for investors.
With broadening of the market away from tech, seeing financials start to perform. Outperforming MSCI World Index since Fall 2020. At 1.5x, still fairly cheap for global financials (US is closer to 2.1x price to book). Yield is 2.4%.
Ishares S&P Global Financials Sector Index Fund is a American stock, trading under the symbol IXG-N on the NYSE Arca (IXG). It is usually referred to as AMEX:IXG or IXG-N
In the last year, 2 stock analysts published opinions about IXG-N. 2 analysts recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Ishares S&P Global Financials Sector Index Fund.
Ishares S&P Global Financials Sector Index Fund was recommended as a Top Pick by on . Read the latest stock experts ratings for Ishares S&P Global Financials Sector Index Fund.
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
2 stock analysts on Stockchase covered Ishares S&P Global Financials Sector Index Fund In the last year. It is a trending stock that is worth watching.
On 2024-12-13, Ishares S&P Global Financials Sector Index Fund (IXG-N) stock closed at a price of $99.405.
Good name to hold with the broadening market participation. Outperforming the MSCI World Index since fall 2020. Pretty cheap with an average 1.4x price to book. MER is 42 bps. Looks sound technically, with price above 200-day MA, higher highs and higher lows. Yield is 2.3%.