Horizon Family Wealth Inc. Has $380,000 Position in iShares U.S. Financial Services ETF (NYSEARCA:IYG)

Horizon Family Wealth Inc. lowered its stake in shares of iShares U.S. Financial Services ETF (NYSEARCA:IYG) by 6.5% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 4,839 shares of the company’s stock after selling 335 shares during the quarter. Horizon Family Wealth Inc.’s holdings in iShares U.S. Financial Services ETF were worth $380,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in IYG. NBC Securities Inc. acquired a new stake in iShares U.S. Financial Services ETF during the first quarter worth approximately $65,000. 3Chopt Investment Partners LLC acquired a new stake in iShares U.S. Financial Services ETF during the first quarter worth approximately $101,000. Guardian Wealth Advisors LLC NC acquired a new stake in iShares U.S. Financial Services ETF during the fourth quarter worth approximately $117,000. Aptus Capital Advisors LLC grew its position in iShares U.S. Financial Services ETF by 308.2% during the fourth quarter. Aptus Capital Advisors LLC now owns 2,184 shares of the company’s stock worth $170,000 after buying an additional 1,649 shares in the last quarter. Finally, Apollon Wealth Management LLC acquired a new stake in iShares U.S. Financial Services ETF during the first quarter worth approximately $203,000.

iShares U.S. Financial Services ETF Price Performance

Shares of NYSEARCA:IYG opened at $86.13 on Tuesday. The business’s 50 day simple moving average is $84.68 and its 200 day simple moving average is $81.14. iShares U.S. Financial Services ETF has a 1 year low of $63.60 and a 1 year high of $88.60. The company has a market capitalization of $1.86 billion, a P/E ratio of 18.95 and a beta of 1.16.

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.