Janney Montgomery Scott LLC decreased its position in iShares U.S. Financial Services ETF (NYSEARCA:IYG – Free Report) by 1.4% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 239,817 shares of the company’s stock after selling 3,302 shares during the period. Janney Montgomery Scott LLC’s holdings in iShares U.S. Financial Services ETF were worth $18,660,000 at the end of the most recent quarter.
A number of other institutional investors and hedge funds have also made changes to their positions in the company. Financial Avengers Inc. purchased a new stake in iShares U.S. Financial Services ETF in the 3rd quarter valued at approximately $28,000. Thurston Springer Miller Herd & Titak Inc. acquired a new position in iShares U.S. Financial Services ETF during the third quarter worth $38,000. EP Wealth Advisors LLC raised its position in iShares U.S. Financial Services ETF by 28.2% in the third quarter. EP Wealth Advisors LLC now owns 2,247 shares of the company’s stock worth $160,000 after acquiring an additional 494 shares in the last quarter. Capital Investment Advisors LLC acquired a new stake in iShares U.S. Financial Services ETF in the third quarter valued at $201,000. Finally, OneDigital Investment Advisors LLC acquired a new position in shares of iShares U.S. Financial Services ETF during the 3rd quarter worth $205,000.
iShares U.S. Financial Services ETF Stock Up 0.3 %
Shares of NYSEARCA IYG opened at $82.84 on Friday. The firm has a 50-day moving average price of $79.77 and a 200 day moving average price of $74.09. iShares U.S. Financial Services ETF has a 52 week low of $60.05 and a 52 week high of $83.02. The stock has a market capitalization of $1.67 billion, a price-to-earnings ratio of 5.95 and a beta of 0.91.
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.
See Also
- Five stocks we like better than iShares U.S. Financial Services ETF
- 3 Stocks to Consider Buying in October
- Bloom Energy: Powering the Future With Decentralized Energy
- How to buy stock: A step-by-step guide for beginners
- Dividend Powerhouses: Blue-Chip Stocks Built for the Long Haul
- What is the NASDAQ Stock Exchange?
- Why Traders Are Buying the Dip on Johnson & Johnson Stock
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).
Receive News & Ratings for iShares U.S. Financial Services ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares U.S. Financial Services ETF and related companies with MarketBeat.com's FREE daily email newsletter.
