Bernard Wealth Management Corp. Takes Position in iShares U.S. Financial Services ETF (NYSEARCA:IYG)

Bernard Wealth Management Corp. bought a new position in iShares U.S. Financial Services ETF (NYSEARCA:IYG) in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund bought 7,509 shares of the company’s stock, valued at approximately $584,000.

Several other hedge funds and other institutional investors have also bought and sold shares of IYG. Union Bancaire Privee UBP SA purchased a new position in shares of iShares U.S. Financial Services ETF during the 4th quarter worth approximately $233,000. Atria Wealth Solutions Inc. lifted its position 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 acquiring an additional 342 shares during the period. Jane Street Group LLC bought a new stake in iShares U.S. Financial Services ETF during the third quarter worth about $2,496,000. JPMorgan Chase & Co. grew its holdings in iShares U.S. Financial Services ETF by 2.2% in the third quarter. JPMorgan Chase & Co. now owns 261,570 shares of the company’s stock worth $18,577,000 after purchasing an additional 5,590 shares during the period. Finally, US Bancorp DE increased its stake in shares of iShares U.S. Financial Services ETF by 4.6% during the fourth quarter. US Bancorp DE now owns 11,449 shares of the company’s stock valued at $891,000 after purchasing an additional 502 shares in the last quarter.

iShares U.S. Financial Services ETF Stock Up 0.2 %

Shares of IYG opened at $69.23 on Tuesday. The stock has a market cap of $1.49 billion, a P/E ratio of 16.68 and a beta of 1.17. The business’s 50 day moving average price is $80.22 and its 200-day moving average price is $78.30. iShares U.S. Financial Services ETF has a 52 week low of $62.13 and a 52 week high of $84.91.

iShares U.S. Financial Services ETF Company 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.