iShares U.S. Financial Services ETF $IYG Shares Purchased by Private Advisor Group LLC

Private Advisor Group LLC lifted its stake in iShares U.S. Financial Services ETF (NYSEARCA:IYG) by 17.0% in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 208,916 shares of the company’s stock after purchasing an additional 30,308 shares during the quarter. Private Advisor Group LLC’s holdings in iShares U.S. Financial Services ETF were worth $17,307,000 as of its most recent SEC filing.

A number of other institutional investors also recently bought and sold shares of the stock. Lido Advisors LLC grew its position in iShares U.S. Financial Services ETF by 3.7% during the 3rd quarter. Lido Advisors LLC now owns 3,336 shares of the company’s stock worth $299,000 after purchasing an additional 120 shares during the last quarter. Capital Advisors Ltd. LLC increased its stake in iShares U.S. Financial Services ETF by 49.8% during the 1st quarter. Capital Advisors Ltd. LLC now owns 379 shares of the company’s stock valued at $31,000 after purchasing an additional 126 shares in the last quarter. Comerica Bank lifted its stake in shares of iShares U.S. Financial Services ETF by 0.5% during the third quarter. Comerica Bank now owns 27,416 shares of the company’s stock worth $2,458,000 after buying an additional 131 shares during the period. O Shaughnessy Asset Management LLC lifted its stake in shares of iShares U.S. Financial Services ETF by 9.3% during the fourth quarter. O Shaughnessy Asset Management LLC now owns 1,756 shares of the company’s stock worth $162,000 after buying an additional 150 shares during the period. Finally, Smartleaf Asset Management LLC grew its holdings in shares of iShares U.S. Financial Services ETF by 47.8% during the fourth quarter. Smartleaf Asset Management LLC now owns 594 shares of the company’s stock valued at $55,000 after buying an additional 192 shares during the last quarter.

iShares U.S. Financial Services ETF Price Performance

Shares of IYG opened at $93.37 on Friday. The company’s fifty day moving average price is $88.53 and its 200-day moving average price is $88.37. iShares U.S. Financial Services ETF has a 1-year low of $79.86 and a 1-year high of $95.75. The firm has a market capitalization of $2.04 billion, a PE ratio of 18.95 and a beta of 0.96.

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. 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.