iShares U.S. Financial Services ETF (NYSEARCA:IYG – Get Free Report)’s share price reached a new 52-week high during trading on Wednesday . The stock traded as high as $95.94 and last traded at $95.86, with a volume of 17985 shares changing hands. The stock had previously closed at $94.60.
iShares U.S. Financial Services ETF Price Performance
The firm has a fifty day simple moving average of $89.75 and a two-hundred day simple moving average of $88.42. The firm has a market capitalization of $2.10 billion, a P/E ratio of 18.95 and a beta of 0.96.
Institutional Inflows and Outflows
Institutional investors have recently made changes to their positions in the company. Triumph Capital Management purchased a new stake in iShares U.S. Financial Services ETF in the 3rd quarter worth about $26,000. Annis Gardner Whiting Capital Advisors LLC purchased a new stake in iShares U.S. Financial Services ETF during the fourth quarter valued at about $28,000. Farther Finance Advisors LLC bought a new position in iShares U.S. Financial Services ETF during the fourth quarter worth about $29,000. Capital Advisors Ltd. LLC boosted its position in iShares U.S. Financial Services ETF by 49.8% during the first quarter. Capital Advisors Ltd. LLC now owns 379 shares of the company’s stock worth $31,000 after purchasing an additional 126 shares during the period. Finally, Merrithew & Thorsten Inc purchased a new position in shares of iShares U.S. Financial Services ETF in the fourth quarter worth about $39,000.
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. It is a subset of the Dow Jones U.S. Financials Index. The Underlying Index includes components of subsectors in the Dow Jones U.S.
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