Geneos Wealth Management Inc. Buys 1,110 Shares of iShares U.S. Financial Services ETF (NYSEARCA:IYG)

Geneos Wealth Management Inc. lifted its stake in iShares U.S. Financial Services ETF (NYSEARCA:IYG) by 5.4% in the 4th quarter, Holdings Channel reports. The institutional investor owned 21,756 shares of the company’s stock after acquiring an additional 1,110 shares during the period. Geneos Wealth Management Inc.’s holdings in iShares U.S. Financial Services ETF were worth $1,693,000 as of its most recent filing with the SEC.

A number of other institutional investors have also added to or reduced their stakes in IYG. RiverFront Investment Group LLC lifted its position in shares of iShares U.S. Financial Services ETF by 2.7% in the 2nd quarter. RiverFront Investment Group LLC now owns 1,448,241 shares of the company’s stock worth $94,440,000 after acquiring an additional 38,283 shares during the period. Baltimore Washington Financial Advisors Inc. lifted its position in iShares U.S. Financial Services ETF by 2.2% in the third quarter. Baltimore Washington Financial Advisors Inc. now owns 381,794 shares of the company’s stock worth $27,115,000 after purchasing an additional 8,367 shares during the period. Kozak & Associates Inc. boosted its stake in iShares U.S. Financial Services ETF by 4.4% during the fourth quarter. Kozak & Associates Inc. now owns 261,636 shares of the company’s stock worth $20,518,000 after buying an additional 11,087 shares in the last quarter. JPMorgan Chase & Co. increased its holdings in iShares U.S. Financial Services ETF by 2.2% in the 3rd quarter. JPMorgan Chase & Co. now owns 261,570 shares of the company’s stock valued at $18,577,000 after buying an additional 5,590 shares during the period. Finally, International Assets Investment Management LLC raised its stake in shares of iShares U.S. Financial Services ETF by 7,787.3% in the 3rd quarter. International Assets Investment Management LLC now owns 260,834 shares of the company’s stock valued at $18,524,000 after buying an additional 257,527 shares in the last quarter.

iShares U.S. Financial Services ETF Stock Performance

Shares of iShares U.S. Financial Services ETF stock opened at $82.84 on Monday. The firm has a market cap of $1.67 billion, a P/E ratio of 5.95 and a beta of 0.91. The firm’s 50-day simple moving average is $79.77 and its 200-day simple moving average is $74.14. iShares U.S. Financial Services ETF has a twelve month low of $60.05 and a twelve month high of $83.02.

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.