iShares U.S. Financial Services ETF $IYG Holdings Lifted by Private Advisor Group LLC

Private Advisor Group LLC increased its position in shares of iShares U.S. Financial Services ETF (NYSEARCA:IYG) by 4.9% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 171,228 shares of the company’s stock after acquiring an additional 8,043 shares during the period. Private Advisor Group LLC’s holdings in iShares U.S. Financial Services ETF were worth $15,349,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Smartleaf Asset Management LLC acquired a new stake in iShares U.S. Financial Services ETF in the 3rd quarter valued at about $36,000. Evolution Wealth Management Inc. acquired a new position in shares of iShares U.S. Financial Services ETF in the 2nd quarter worth approximately $36,000. AlphaCore Capital LLC raised its holdings in shares of iShares U.S. Financial Services ETF by 1,173.2% in the 2nd quarter. AlphaCore Capital LLC now owns 522 shares of the company’s stock worth $45,000 after purchasing an additional 481 shares in the last quarter. Mather Group LLC. bought a new stake in shares of iShares U.S. Financial Services ETF in the 3rd quarter worth approximately $49,000. Finally, Y.D. More Investments Ltd lifted its stake in iShares U.S. Financial Services ETF by 53.8% during the second quarter. Y.D. More Investments Ltd now owns 1,000 shares of the company’s stock valued at $85,000 after purchasing an additional 350 shares during the last quarter.

iShares U.S. Financial Services ETF Stock Performance

Shares of NYSEARCA:IYG opened at $83.73 on Wednesday. The stock has a market capitalization of $1.91 billion, a price-to-earnings ratio of 18.95 and a beta of 1.11. iShares U.S. Financial Services ETF has a 1-year low of $65.98 and a 1-year high of $95.75. The company has a 50 day moving average price of $89.76 and a 200 day moving average price of $89.48.

iShares U.S. Financial Services ETF Profile

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.