Cottonwood Capital Advisors LLC lowered its stake in iShares U.S. Financial Services ETF (NYSEARCA:IYG – Free Report) by 1.4% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 12,477 shares of the company’s stock after selling 181 shares during the period. Cottonwood Capital Advisors LLC owned approximately 0.06% of iShares U.S. Financial Services ETF worth $980,000 as of its most recent SEC filing.
A number of other large investors have also bought and sold shares of the stock. Atria Wealth Solutions Inc. increased its holdings in iShares U.S. Financial Services ETF by 12.0% during 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 period. Pointe Capital Management LLC purchased a new stake in shares of iShares U.S. Financial Services ETF in the 4th quarter worth approximately $208,000. Private Trust Co. NA raised its position in shares of iShares U.S. Financial Services ETF by 103.5% in the 4th quarter. Private Trust Co. NA now owns 1,160 shares of the company’s stock worth $90,000 after purchasing an additional 590 shares during the last quarter. Fisher Asset Management LLC raised its holdings in iShares U.S. Financial Services ETF by 20.3% in the fourth quarter. Fisher Asset Management LLC now owns 4,221 shares of the company’s stock worth $328,000 after buying an additional 713 shares during the last quarter. Finally, US Bancorp DE raised its holdings in iShares U.S. Financial Services ETF by 4.6% in the 4th quarter. US Bancorp DE now owns 11,449 shares of the company’s stock worth $891,000 after acquiring an additional 502 shares during the last quarter.
iShares U.S. Financial Services ETF Price Performance
Shares of NYSEARCA:IYG opened at $83.86 on Thursday. The company has a market cap of $1.77 billion, a P/E ratio of 16.84 and a beta of 1.11. The stock’s fifty day moving average price is $80.35 and its 200-day moving average price is $79.56. iShares U.S. Financial Services ETF has a 1 year low of $63.60 and a 1 year high of $84.91.
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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