iShares Global Financials ETF (IXG)

Market Cap: $415M

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

38% more first-time investments, than exits

New positions opened: 18 | Existing positions closed: 13

4% more funds holding

Funds holding: 113 [Q1] → 118 (+5) [Q2]

8.96% less ownership

Funds ownership: 49.69% [Q1] → 40.72% (-8.96%) [Q2]

32% less capital invested

Capital invested by funds: $200M [Q1] → $135M (-$64.9M) [Q2]

35% less repeat investments, than reductions

Existing positions increased: 26 | Existing positions reduced: 40