Commerce Bank raised its holdings in iShares U.S. Financial Services ETF (NYSEARCA:IYG – Free Report) by 5.4% in the third quarter, Holdings Channel.com reports. The fund owned 3,954 shares of the company’s stock after acquiring an additional 204 shares during the quarter. Commerce Bank’s holdings in iShares U.S. Financial Services ETF were worth $281,000 as of its most recent SEC filing.
Several other large investors also recently added to or reduced their stakes in IYG. RiverFront Investment Group LLC raised its holdings in shares of iShares U.S. Financial Services ETF by 2.7% during the 2nd quarter. RiverFront Investment Group LLC now owns 1,448,241 shares of the company’s stock valued at $94,440,000 after purchasing an additional 38,283 shares in the last quarter. GSA Capital Partners LLP increased its position in iShares U.S. Financial Services ETF by 22.7% during the third quarter. GSA Capital Partners LLP now owns 3,892 shares of the company’s stock worth $276,000 after buying an additional 720 shares during the last quarter. Oppenheimer & Co. Inc. bought a new position in iShares U.S. Financial Services ETF during the third quarter valued at about $376,000. OneDigital Investment Advisors LLC acquired a new stake in shares of iShares U.S. Financial Services ETF in the third quarter worth about $205,000. Finally, Cetera Investment Advisers boosted its stake in shares of iShares U.S. Financial Services ETF by 1.8% during the 2nd quarter. Cetera Investment Advisers now owns 32,701 shares of the company’s stock worth $2,132,000 after acquiring an additional 569 shares in the last quarter.
iShares U.S. Financial Services ETF Stock Performance
Shares of NYSEARCA IYG opened at $82.26 on Thursday. The business’s 50-day simple moving average is $75.09 and its 200-day simple moving average is $70.02. iShares U.S. Financial Services ETF has a 52 week low of $54.49 and a 52 week high of $82.77. The firm has a market cap of $1.66 billion, a price-to-earnings ratio of 5.95 and a beta of 0.91.
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.
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