Castle Rock Wealth Management LLC Buys 6,325 Shares of iShares U.S. Financial Services ETF $IYG

Castle Rock Wealth Management LLC bought a new position in iShares U.S. Financial Services ETF (NYSEARCA:IYG) during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 6,325 shares of the company’s stock, valued at approximately $575,000.

Several other large investors have also recently modified their holdings of IYG. CX Institutional purchased a new stake in iShares U.S. Financial Services ETF during the 3rd quarter valued at about $27,000. Roxbury Financial LLC purchased a new position in iShares U.S. Financial Services ETF in the third quarter worth about $27,000. Highland Investment Advisors LLC bought a new position in shares of iShares U.S. Financial Services ETF in the second quarter worth approximately $34,000. Capital Advisors Ltd. LLC lifted its stake in shares of iShares U.S. Financial Services ETF by 49.8% in the first quarter. Capital Advisors Ltd. LLC now owns 379 shares of the company’s stock worth $31,000 after buying an additional 126 shares in the last quarter. Finally, CoreCap Advisors LLC purchased a new stake in shares of iShares U.S. Financial Services ETF during the third quarter valued at approximately $46,000.

iShares U.S. Financial Services ETF Stock Performance

Shares of IYG traded up $1.00 on Friday, hitting $92.07. 250,797 shares of the stock traded hands, compared to its average volume of 116,228. The company has a market capitalization of $2.15 billion, a PE ratio of 18.95 and a beta of 0.98. The business has a 50 day simple moving average of $95.31 and a 200 day simple moving average of $91.11. iShares U.S. Financial Services ETF has a one year low of $79.86 and a one year high of $98.66.

About iShares U.S. Financial Services ETF

iShares U.S. Financial Services ETF (the Fund) is an exchange-traded fund. The Fund seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the Dow Jones U.S. Financial Services Index (the Underlying Index). The Underlying Index measures the performance of the financial services sector of the United States equity market. It is a subset of the Dow Jones U.S. Financials Index. The Underlying Index includes components of subsectors in the Dow Jones U.S.