iShares U.S. Financial Services ETF (NYSEARCA:IYG) Shares Sold by US Bancorp DE

US Bancorp DE cut its holdings in iShares U.S. Financial Services ETF (NYSEARCA:IYG) by 19.8% in the second quarter, Holdings Channel reports. The institutional investor owned 1,955 shares of the company’s stock after selling 484 shares during the quarter. US Bancorp DE’s holdings in iShares U.S. Financial Services ETF were worth $262,000 at the end of the most recent reporting period.

Several other institutional investors have also bought and sold shares of IYG. MML Investors Services LLC raised its stake in shares of iShares U.S. Financial Services ETF by 4.2% during the 1st quarter. MML Investors Services LLC now owns 7,754 shares of the company’s stock worth $968,000 after buying an additional 312 shares during the period. Advisory Alpha LLC purchased a new stake in iShares U.S. Financial Services ETF in the 1st quarter worth $42,000. Vestmark Advisory Solutions Inc. acquired a new position in iShares U.S. Financial Services ETF during the first quarter worth $2,900,000. Meridian Wealth Management LLC acquired a new position in iShares U.S. Financial Services ETF during the first quarter worth $115,000. Finally, Advisory Services Network LLC lifted its holdings in iShares U.S. Financial Services ETF by 49.6% during the first quarter. Advisory Services Network LLC now owns 386 shares of the company’s stock valued at $48,000 after purchasing an additional 128 shares in the last quarter.

Shares of NYSEARCA IYG traded down $2.53 during trading on Tuesday, hitting $133.90. The company had a trading volume of 2,558 shares, compared to its average volume of 101,779. The stock has a fifty day simple moving average of $134.10 and a two-hundred day simple moving average of $132.70. iShares U.S. Financial Services ETF has a fifty-two week low of $104.43 and a fifty-two week high of $141.26.

The business also recently announced a — dividend, which was paid on Monday, September 30th. Stockholders of record on Wednesday, September 25th were paid a dividend of $0.6098 per share. The ex-dividend date was Tuesday, September 24th. This represents a dividend yield of 1.7%.

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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Institutional Ownership by Quarter for iShares U.S. Financial Services ETF (NYSEARCA:IYG)

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