iShares U.S. Financial Services ETF $IYG is Kozak & Associates Inc.’s 6th Largest Position

Kozak & Associates Inc. reduced its position in shares of iShares U.S. Financial Services ETF (NYSEARCA:IYG) by 29.0% in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 305,432 shares of the company’s stock after selling 124,951 shares during the period. iShares U.S. Financial Services ETF makes up approximately 4.9% of Kozak & Associates Inc.’s portfolio, making the stock its 6th largest position. Kozak & Associates Inc. owned about 1.40% of iShares U.S. Financial Services ETF worth $28,194,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in IYG. Triumph Capital Management acquired a new position in iShares U.S. Financial Services ETF during the 3rd quarter worth approximately $26,000. Annis Gardner Whiting Capital Advisors LLC purchased a new position in shares of iShares U.S. Financial Services ETF during the 4th quarter worth approximately $28,000. Farther Finance Advisors LLC acquired a new stake in shares of iShares U.S. Financial Services ETF in the 4th quarter valued at approximately $29,000. Capital Advisors Ltd. LLC lifted its holdings in shares of iShares U.S. Financial Services ETF by 49.8% in the 1st quarter. Capital Advisors Ltd. LLC now owns 379 shares of the company’s stock valued at $31,000 after buying an additional 126 shares during the period. Finally, Merrithew & Thorsten Inc purchased a new stake in shares of iShares U.S. Financial Services ETF in the fourth quarter valued at approximately $39,000.

iShares U.S. Financial Services ETF Price Performance

iShares U.S. Financial Services ETF stock opened at $96.43 on Tuesday. The stock’s 50 day moving average price is $91.69 and its 200 day moving average price is $88.54. iShares U.S. Financial Services ETF has a 1-year low of $79.86 and a 1-year high of $96.54. The company has a market cap of $2.19 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.