Unique Wealth LLC Boosts Holdings in iShares U.S. Financial Services ETF $IYG

Unique Wealth LLC boosted its holdings in shares of iShares U.S. Financial Services ETF (NYSEARCA:IYG) by 29.6% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 77,515 shares of the company’s stock after buying an additional 17,698 shares during the quarter. iShares U.S. Financial Services ETF makes up about 0.9% of Unique Wealth LLC’s investment portfolio, making the stock its 29th largest holding. Unique Wealth LLC owned approximately 0.34% of iShares U.S. Financial Services ETF worth $6,421,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the business. JPMorgan Chase & Co. boosted its stake in shares of iShares U.S. Financial Services ETF by 234.8% during the 4th quarter. JPMorgan Chase & Co. now owns 1,031,721 shares of the company’s stock worth $95,176,000 after acquiring an additional 723,555 shares during the last quarter. OpenArc Corporate Advisory LLC purchased a new stake in shares of iShares U.S. Financial Services ETF in the 4th quarter worth $55,635,000. Sagespring Wealth Partners LLC purchased a new stake in shares of iShares U.S. Financial Services ETF in the 4th quarter worth $53,175,000. Dynasty Wealth Management LLC bought a new position in iShares U.S. Financial Services ETF in the 4th quarter worth $49,084,000. Finally, Kozak & Associates Inc. raised its holdings in iShares U.S. Financial Services ETF by 30.8% in the 3rd quarter. Kozak & Associates Inc. now owns 417,733 shares of the company’s stock worth $35,875,000 after purchasing an additional 98,267 shares during the period.

iShares U.S. Financial Services ETF Stock Performance

NYSEARCA IYG opened at $90.51 on Friday. The business’s fifty day moving average is $88.09 and its 200 day moving average is $88.32. iShares U.S. Financial Services ETF has a fifty-two week low of $79.86 and a fifty-two week high of $95.75. The company has a market capitalization of $2.07 billion, a PE ratio of 18.95 and a beta of 0.97.

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.