Apollon Wealth Management LLC increased its stake in iShares U.S. Financial Services ETF (NYSEARCA:IYG – Free Report) by 5.8% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 2,731 shares of the company’s stock after purchasing an additional 150 shares during the quarter. Apollon Wealth Management LLC’s holdings in iShares U.S. Financial Services ETF were worth $234,000 at the end of the most recent quarter.
A number of other large investors have also added to or reduced their stakes in the stock. Y.D. More Investments Ltd boosted its stake in shares of iShares U.S. Financial Services ETF by 85.7% in the 1st quarter. Y.D. More Investments Ltd now owns 650 shares of the company’s stock worth $51,000 after buying an additional 300 shares during the last quarter. Keener Financial Planning LLC bought a new position in iShares U.S. Financial Services ETF in the second quarter valued at about $77,000. CX Institutional bought a new position in iShares U.S. Financial Services ETF in the second quarter valued at about $81,000. 3Chopt Investment Partners LLC purchased a new position in iShares U.S. Financial Services ETF in the first quarter worth about $101,000. Finally, Fiduciary Alliance LLC bought a new stake in shares of iShares U.S. Financial Services ETF during the 2nd quarter valued at about $233,000.
iShares U.S. Financial Services ETF Stock Up 0.8%
NYSEARCA IYG opened at $86.84 on Friday. iShares U.S. Financial Services ETF has a 52 week low of $65.98 and a 52 week high of $91.25. The firm has a market capitalization of $1.88 billion, a P/E ratio of 18.95 and a beta of 1.16. The company has a 50-day moving average price of $88.67 and a 200-day moving average price of $83.94.
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.
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