Oppenheimer & Co. Inc. acquired a new position in shares of iShares U.S. Financial Services ETF (NYSEARCA:IYG – Free Report) during the 3rd quarter, HoldingsChannel.com reports. The fund acquired 9,492 shares of the company’s stock, valued at approximately $854,000.
Several other hedge funds have also modified their holdings of IYG. Ferguson Wellman Capital Management Inc. purchased a new stake in iShares U.S. Financial Services ETF in the third quarter valued at approximately $13,232,000. Howard Capital Management Group LLC purchased a new position in iShares U.S. Financial Services ETF during the third quarter worth approximately $8,356,000. Cetera Investment Advisers raised its stake in iShares U.S. Financial Services ETF by 3.8% during the first quarter. Cetera Investment Advisers now owns 51,002 shares of the company’s stock worth $4,225,000 after purchasing an additional 1,889 shares during the period. Centerline Wealth Advisors LLC boosted its holdings in shares of iShares U.S. Financial Services ETF by 1.5% in the 3rd quarter. Centerline Wealth Advisors LLC now owns 46,788 shares of the company’s stock valued at $4,207,000 after purchasing an additional 695 shares during the last quarter. Finally, Forte Asset Management LLC acquired a new position in shares of iShares U.S. Financial Services ETF in the 3rd quarter valued at $4,157,000.
iShares U.S. Financial Services ETF Stock Down 0.6%
Shares of NYSEARCA IYG opened at $95.42 on Wednesday. iShares U.S. Financial Services ETF has a 52-week low of $79.86 and a 52-week high of $98.66. The firm has a fifty day moving average of $93.95 and a 200-day moving average of $90.51. The stock has a market capitalization of $2.27 billion, a PE ratio of 16.62 and a beta of 0.97.
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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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).
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