J.W. Cole Advisors Inc. Trims Stake in iShares U.S. Financial Services ETF $IYG

J.W. Cole Advisors Inc. cut its stake in iShares U.S. Financial Services ETF (NYSEARCA:IYG) by 1.1% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 58,660 shares of the company’s stock after selling 682 shares during the period. J.W. Cole Advisors Inc. owned 0.27% of iShares U.S. Financial Services ETF worth $5,021,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of the company. AlphaCore Capital LLC grew its holdings in shares of iShares U.S. Financial Services ETF by 1,173.2% during the 2nd quarter. AlphaCore Capital LLC now owns 522 shares of the company’s stock worth $45,000 after acquiring an additional 481 shares during the period. Y.D. More Investments Ltd boosted its position in shares of iShares U.S. Financial Services ETF by 85.7% during the first quarter. Y.D. More Investments Ltd now owns 650 shares of the company’s stock valued at $51,000 after purchasing an additional 300 shares in the last quarter. Keener Financial Planning LLC purchased a new stake in iShares U.S. Financial Services ETF in the second quarter worth $77,000. CX Institutional bought a new position in iShares U.S. Financial Services ETF in the second quarter worth $81,000. Finally, Bessemer Group Inc. increased its stake in shares of iShares U.S. Financial Services ETF by 186.6% in the 2nd quarter. Bessemer Group Inc. now owns 1,006 shares of the company’s stock worth $86,000 after acquiring an additional 655 shares in the last quarter.

iShares U.S. Financial Services ETF Price Performance

Shares of NYSEARCA IYG opened at $88.82 on Thursday. iShares U.S. Financial Services ETF has a 1 year low of $65.98 and a 1 year high of $91.25. The firm has a 50-day moving average of $88.30 and a 200 day moving average of $86.53. The stock has a market cap of $1.92 billion, a P/E ratio of 18.95 and a beta of 1.11.

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.