Private Trust Co. NA Has $49,000 Holdings in iShares U.S. Financial Services ETF $IYG

Private Trust Co. NA cut its holdings in iShares U.S. Financial Services ETF (NYSEARCA:IYG) by 50.9% during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 570 shares of the company’s stock after selling 590 shares during the period. Private Trust Co. NA’s holdings in iShares U.S. Financial Services ETF were worth $49,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Foundations Investment Advisors LLC acquired a new stake in shares of iShares U.S. Financial Services ETF in the first quarter valued at approximately $38,091,000. LPL Financial LLC raised its holdings in shares of iShares U.S. Financial Services ETF by 5.7% in the first quarter. LPL Financial LLC now owns 459,449 shares of the company’s stock valued at $36,090,000 after purchasing an additional 24,828 shares during the last quarter. Kozak & Associates Inc. raised its holdings in shares of iShares U.S. Financial Services ETF by 18.5% in the second quarter. Kozak & Associates Inc. now owns 319,466 shares of the company’s stock valued at $27,554,000 after purchasing an additional 49,900 shares during the last quarter. PGIM Custom Harvest LLC raised its holdings in shares of iShares U.S. Financial Services ETF by 57.2% in the first quarter. PGIM Custom Harvest LLC now owns 214,564 shares of the company’s stock valued at $16,854,000 after purchasing an additional 78,102 shares during the last quarter. Finally, Private Advisor Group LLC grew its stake in shares of iShares U.S. Financial Services ETF by 50.4% in the first quarter. Private Advisor Group LLC now owns 155,282 shares of the company’s stock valued at $12,197,000 after buying an additional 52,060 shares in the last quarter.

iShares U.S. Financial Services ETF Trading Up 0.3%

NYSEARCA:IYG opened at $87.54 on Friday. 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 fifty day simple moving average of $88.71 and a 200 day simple moving average of $84.31. The stock has a market capitalization of $1.90 billion, a PE ratio of 18.95 and a beta of 1.16.

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.