Comprehensive Financial Planning Inc. PA purchased a new stake in iShares U.S. Financial Services ETF (NYSEARCA:IYG – Free Report) during the 4th quarter, HoldingsChannel.com reports. The institutional investor purchased 641 shares of the company’s stock, valued at approximately $50,000.
Other institutional investors and hedge funds have also recently modified their holdings of the company. Savant Capital LLC acquired a new position in iShares U.S. Financial Services ETF during the fourth quarter worth about $1,098,000. Baltimore Washington Financial Advisors Inc. boosted its holdings in shares of iShares U.S. Financial Services ETF by 2.1% during the 4th quarter. Baltimore Washington Financial Advisors Inc. now owns 389,794 shares of the company’s stock worth $30,330,000 after purchasing an additional 8,000 shares during the last quarter. Southern Capital Advisors LLC grew its position in shares of iShares U.S. Financial Services ETF by 15.1% in the fourth quarter. Southern Capital Advisors LLC now owns 58,963 shares of the company’s stock valued at $4,588,000 after purchasing an additional 7,724 shares in the last quarter. Fifth Third Securities Inc. increased its holdings in shares of iShares U.S. Financial Services ETF by 4.7% in the fourth quarter. Fifth Third Securities Inc. now owns 22,636 shares of the company’s stock valued at $1,761,000 after purchasing an additional 1,012 shares during the last quarter. Finally, Union Bancaire Privee UBP SA purchased a new stake in iShares U.S. Financial Services ETF in the 4th quarter valued at about $233,000.
iShares U.S. Financial Services ETF Stock Performance
Shares of iShares U.S. Financial Services ETF stock opened at $83.35 on Tuesday. The company has a market cap of $1.68 billion, a PE ratio of 5.95 and a beta of 0.91. iShares U.S. Financial Services ETF has a one year low of $60.38 and a one year high of $84.91. The business has a 50-day simple moving average of $80.26 and a 200-day simple moving average of $75.27.
iShares U.S. Financial Services ETF Company 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.
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