Bank Hapoalim BM lowered its position in iShares U.S. Financial Services ETF (NYSEARCA:IYG – Free Report) by 9.4% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 8,120 shares of the company’s stock after selling 846 shares during the period. Bank Hapoalim BM’s holdings in iShares U.S. Financial Services ETF were worth $632,000 at the end of the most recent quarter.
A number of other large investors have also made changes to their positions in IYG. Baltimore Washington Financial Advisors Inc. increased its holdings in iShares U.S. Financial Services ETF by 2.1% during the 4th quarter. Baltimore Washington Financial Advisors Inc. now owns 389,794 shares of the company’s stock worth $30,330,000 after purchasing an additional 8,000 shares in the last quarter. Southern Capital Advisors LLC increased its holdings in iShares U.S. Financial Services ETF by 15.1% during the 4th quarter. Southern Capital Advisors LLC now owns 58,963 shares of the company’s stock worth $4,588,000 after purchasing an additional 7,724 shares in the last quarter. Fifth Third Securities Inc. increased its holdings in iShares U.S. Financial Services ETF by 4.7% during the 4th quarter. Fifth Third Securities Inc. now owns 22,636 shares of the company’s stock worth $1,761,000 after purchasing an additional 1,012 shares in the last quarter. Union Bancaire Privee UBP SA bought a new position in iShares U.S. Financial Services ETF during the 4th quarter worth about $233,000. Finally, Kingswood Wealth Advisors LLC bought a new position in iShares U.S. Financial Services ETF during the 4th quarter worth about $550,000.
iShares U.S. Financial Services ETF Trading Down 0.1 %
IYG stock opened at $83.07 on Wednesday. The stock has a 50-day moving average price of $80.12 and a two-hundred day moving average price of $74.83. The stock has a market cap of $1.68 billion, a PE ratio of 5.95 and a beta of 0.91. iShares U.S. Financial Services ETF has a 1 year low of $60.38 and a 1 year high of $84.62.
About iShares U.S. Financial Services ETF
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.
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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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