iShares U.S. Financial Services ETF (NYSEARCA:IYG) Sets New 52-Week High at $186.06

iShares U.S. Financial Services ETF (NYSEARCA:IYGGet Free Report) shares hit a new 52-week high during trading on Monday . The company traded as high as $186.06 and last traded at $186.06, with a volume of 2171 shares traded. The stock had previously closed at $184.40.

iShares U.S. Financial Services ETF Trading Up 0.6 %

The company has a 50 day moving average of $178.01 and a 200 day moving average of $165.66. The firm has a market cap of $1.37 billion, a price-to-earnings ratio of 10.62 and a beta of 1.16.

iShares U.S. Financial Services ETF shares are going to split on the morning of Thursday, March 7th. The 3-1 split was announced on Thursday, March 7th. The newly minted shares will be issued to shareholders after the market closes on Thursday, March 7th.

Institutional Trading of iShares U.S. Financial Services ETF

Large investors have recently added to or reduced their stakes in the company. Commerce Bank acquired a new position in shares of iShares U.S. Financial Services ETF in the 4th quarter worth approximately $224,000. Frazier Financial Advisors LLC bought a new position in iShares U.S. Financial Services ETF in the 4th quarter valued at $29,000. Tidemark LLC acquired a new position in iShares U.S. Financial Services ETF in the fourth quarter worth $65,000. SAM Advisors LLC grew its holdings in shares of iShares U.S. Financial Services ETF by 0.5% during the fourth quarter. SAM Advisors LLC now owns 41,210 shares of the company’s stock worth $7,385,000 after purchasing an additional 210 shares during the last quarter. Finally, D.A. Davidson & CO. increased its stake in shares of iShares U.S. Financial Services ETF by 4.4% in the fourth quarter. D.A. Davidson & CO. now owns 2,372 shares of the company’s stock valued at $425,000 after buying an additional 100 shares in the last quarter.

iShares U.S. Financial Services ETF Company Profile

(Get Free Report)

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.

Further Reading

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