Frazier Financial Advisors LLC decreased its position in iShares U.S. Financial Services ETF (NYSEARCA:IYG – Free Report) by 30.7% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 339 shares of the company’s stock after selling 150 shares during the period. Frazier Financial Advisors LLC’s holdings in iShares U.S. Financial Services ETF were worth $26,000 at the end of the most recent quarter.
Several other hedge funds and other institutional investors also recently bought and sold shares of the company. Roxbury Financial LLC purchased a new stake in shares of iShares U.S. Financial Services ETF in the 4th quarter worth $25,000. Financial Avengers Inc. bought a new stake in shares of iShares U.S. Financial Services ETF in the third quarter valued at about $28,000. Comprehensive Financial Planning Inc. PA purchased a new stake in iShares U.S. Financial Services ETF in the fourth quarter worth about $50,000. Hopwood Financial Services Inc. bought a new position in iShares U.S. Financial Services ETF during the 4th quarter worth about $55,000. Finally, SRS Capital Advisors Inc. increased its position in iShares U.S. Financial Services ETF by 63.4% during the 4th quarter. SRS Capital Advisors Inc. now owns 858 shares of the company’s stock valued at $67,000 after purchasing an additional 333 shares during the period.
iShares U.S. Financial Services ETF Stock Performance
Shares of IYG opened at $79.36 on Friday. The company has a 50 day moving average price of $81.20 and a 200-day moving average price of $77.93. iShares U.S. Financial Services ETF has a fifty-two week low of $62.13 and a fifty-two week high of $84.91. The stock has a market capitalization of $1.71 billion, a PE ratio of 16.68 and a beta of 1.17.
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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