iShares U.S. Financial Services ETF (NYSEARCA:IYG) Stock Position Reduced by Focus Financial Network Inc.

Posted by Linda Flegge on Feb 12th, 2025

Focus Financial Network Inc. trimmed its position in iShares U.S. Financial Services ETF (NYSEARCA:IYG – Free Report) by 2.8% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 17,440 shares of the company’s stock after selling 494 shares during the quarter. Focus Financial Network Inc. owned approximately 0.09% of iShares U.S. Financial Services ETF worth $1,357,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also made changes to their positions in the company. Financial Avengers Inc. bought a new stake in iShares U.S. Financial Services ETF during the third quarter valued at $28,000. Thurston Springer Miller Herd & Titak Inc. acquired a new position in shares of iShares U.S. Financial Services ETF in the 3rd quarter valued at about $38,000. Comprehensive Financial Planning Inc. PA bought a new stake in shares of iShares U.S. Financial Services ETF during the 4th quarter valued at about $50,000. EP Wealth Advisors LLC raised its stake in iShares U.S. Financial Services ETF by 28.2% during 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 during the period. Finally, Capital Investment Advisors LLC bought a new position in iShares U.S. Financial Services ETF in the third quarter worth about $201,000.

iShares U.S. Financial Services ETF Stock Up 0.4 %

Shares of IYG stock opened at $83.67 on Wednesday. The business has a 50 day moving average of $80.29 and a two-hundred day moving average of $75.38. The company has a market cap of $1.69 billion, a P/E ratio of 5.95 and a beta of 0.91. iShares U.S. Financial Services ETF has a 52 week low of $60.38 and a 52 week high of $84.91.

iShares U.S. Financial Services ETF Company Profile

(Free Report)

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.