Unique Wealth LLC lessened its stake in shares of iShares U.S. Financial Services ETF (NYSEARCA:IYG – Free Report) by 13.6% in the 2nd quarter, Holdings Channel reports. The institutional investor owned 66,997 shares of the company’s stock after selling 10,518 shares during the quarter. Unique Wealth LLC’s holdings in iShares U.S. Financial Services ETF were worth $6,061,000 as of its most recent SEC filing.
Other large investors have also modified their holdings of the company. RiverFront Investment Group LLC grew its position in shares of iShares U.S. Financial Services ETF by 0.7% in the 4th quarter. RiverFront Investment Group LLC now owns 1,449,021 shares of the company’s stock valued at $133,672,000 after buying an additional 10,089 shares during the last quarter. Morgan Stanley boosted its stake in iShares U.S. Financial Services ETF by 0.4% in the fourth quarter. Morgan Stanley now owns 1,079,849 shares of the company’s stock valued at $99,616,000 after acquiring an additional 4,054 shares in the last quarter. JPMorgan Chase & Co. boosted its stake in iShares U.S. Financial Services ETF by 234.8% in the fourth quarter. JPMorgan Chase & Co. now owns 1,031,721 shares of the company’s stock valued at $95,176,000 after acquiring an additional 723,555 shares in the last quarter. OpenArc Corporate Advisory LLC acquired a new position in iShares U.S. Financial Services ETF in the fourth quarter valued at $55,635,000. Finally, Dynasty Wealth Management LLC purchased a new position in shares of iShares U.S. Financial Services ETF during the fourth quarter worth about $49,084,000.
iShares U.S. Financial Services ETF Stock Performance
iShares U.S. Financial Services ETF stock opened at $97.97 on Friday. iShares U.S. Financial Services ETF has a fifty-two week low of $79.86 and a fifty-two week high of $98.66. The company has a market capitalization of $2.23 billion, a P/E ratio of 18.95 and a beta of 0.96. The stock has a 50-day simple moving average of $95.69 and a 200-day simple moving average of $89.69.
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. 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.
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