Ferguson Wellman Capital Management Inc. trimmed its holdings in iShares U.S. Financial Services ETF (NYSEARCA:IYG – Free Report) by 0.2% during the fourth quarter, HoldingsChannel.com reports. The firm owned 158,326 shares of the company’s stock after selling 380 shares during the period. Ferguson Wellman Capital Management Inc.’s holdings in iShares U.S. Financial Services ETF were worth $12,319,000 as of its most recent SEC filing.
Several other institutional investors and hedge funds also recently made changes to their positions in the business. Union Bancaire Privee UBP SA acquired a new stake in iShares U.S. Financial Services ETF in the fourth quarter valued at $233,000. GSA Capital Partners LLP increased its position in shares of iShares U.S. Financial Services ETF by 22.7% in the 3rd quarter. GSA Capital Partners LLP now owns 3,892 shares of the company’s stock worth $276,000 after purchasing an additional 720 shares during the last quarter. Jane Street Group LLC acquired a new stake in shares of iShares U.S. Financial Services ETF in the 3rd quarter valued at about $2,496,000. JPMorgan Chase & Co. lifted its position in shares of iShares U.S. Financial Services ETF by 2.2% during the third quarter. JPMorgan Chase & Co. now owns 261,570 shares of the company’s stock worth $18,577,000 after purchasing an additional 5,590 shares during the last quarter. Finally, OneDigital Investment Advisors LLC acquired a new position in iShares U.S. Financial Services ETF in the third quarter worth about $205,000.
iShares U.S. Financial Services ETF Stock Down 0.6 %
Shares of iShares U.S. Financial Services ETF stock opened at $84.13 on Monday. The business has a 50-day moving average price of $80.26 and a 200 day moving average price of $75.22. iShares U.S. Financial Services ETF has a fifty-two week low of $60.38 and a fifty-two week high of $84.91. The firm has a market cap of $1.70 billion, a P/E ratio of 5.95 and a beta of 0.91.
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.
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Want to see what other hedge funds are holding IYG? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares U.S. Financial Services ETF (NYSEARCA:IYG – Free Report).
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