Private Advisor Group LLC Lowers Stock Holdings in iShares U.S. Financial Services ETF (NYSEARCA:IYG)

Private Advisor Group LLC reduced its stake in iShares U.S. Financial Services ETF (NYSEARCA:IYGFree Report) by 4.0% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 103,222 shares of the company’s stock after selling 4,317 shares during the quarter. Private Advisor Group LLC owned 0.51% of iShares U.S. Financial Services ETF worth $8,032,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently modified their holdings of the stock. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors purchased a new position in shares of iShares U.S. Financial Services ETF in the 4th quarter valued at approximately $521,000. Atria Wealth Solutions Inc. grew its stake in shares of iShares U.S. Financial Services ETF by 12.0% in the 4th quarter. Atria Wealth Solutions Inc. now owns 3,183 shares of the company’s stock valued at $248,000 after purchasing an additional 342 shares during the last quarter. Roxbury Financial LLC purchased a new position in shares of iShares U.S. Financial Services ETF in the 4th quarter valued at approximately $25,000. Comprehensive Financial Planning Inc. PA purchased a new stake in shares of iShares U.S. Financial Services ETF in the fourth quarter valued at approximately $50,000. Finally, Savant Capital LLC purchased a new stake in shares of iShares U.S. Financial Services ETF in the fourth quarter valued at approximately $1,098,000.

iShares U.S. Financial Services ETF Price Performance

iShares U.S. Financial Services ETF stock opened at $81.88 on Friday. iShares U.S. Financial Services ETF has a 1-year low of $62.13 and a 1-year high of $84.91. The company has a market cap of $1.65 billion, a PE ratio of 17.45 and a beta of 0.91. The stock’s 50 day moving average price is $80.82 and its 200 day moving average price is $76.14.

iShares U.S. Financial Services ETF Company Profile

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for iShares U.S. Financial Services ETF (NYSEARCA:IYG)

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