iShares U.S. Financial Services ETF $IYG Stock Position Increased by Kozak & Associates Inc.

Kozak & Associates Inc. boosted its stake in iShares U.S. Financial Services ETF (NYSEARCA:IYG) by 30.8% in the 3rd quarter, according to its most recent filing with the SEC. The fund owned 417,733 shares of the company’s stock after purchasing an additional 98,267 shares during the period. iShares U.S. Financial Services ETF comprises approximately 6.8% of Kozak & Associates Inc.’s portfolio, making the stock its 5th largest position. Kozak & Associates Inc. owned 1.93% of iShares U.S. Financial Services ETF worth $35,875,000 at the end of the most recent reporting period.

A number of other large investors also recently added to or reduced their stakes in the company. PGIM Custom Harvest LLC raised its holdings in shares of iShares U.S. Financial Services ETF by 42.2% in the 2nd quarter. PGIM Custom Harvest LLC now owns 305,036 shares of the company’s stock valued at $26,111,000 after buying an additional 90,472 shares during the period. Ameriprise Financial Inc. grew its position in iShares U.S. Financial Services ETF by 79.4% in the 3rd quarter. Ameriprise Financial Inc. now owns 188,153 shares of the company’s stock valued at $16,853,000 after acquiring an additional 83,297 shares in the last quarter. NewEdge Advisors LLC grew its position in iShares U.S. Financial Services ETF by 262.5% in the 3rd quarter. NewEdge Advisors LLC now owns 49,656 shares of the company’s stock valued at $4,451,000 after acquiring an additional 35,959 shares in the last quarter. Envestnet Asset Management Inc. increased its stake in iShares U.S. Financial Services ETF by 2.1% during the third quarter. Envestnet Asset Management Inc. now owns 1,323,623 shares of the company’s stock worth $118,650,000 after purchasing an additional 27,298 shares during the period. Finally, Two Sigma Investments LP lifted its position in shares of iShares U.S. Financial Services ETF by 28.2% during the third quarter. Two Sigma Investments LP now owns 69,100 shares of the company’s stock worth $6,194,000 after purchasing an additional 15,200 shares in the last quarter.

iShares U.S. Financial Services ETF Stock Up 0.4%

Shares of IYG opened at $82.50 on Wednesday. The company has a market cap of $1.89 billion, a P/E ratio of 18.95 and a beta of 1.11. iShares U.S. Financial Services ETF has a fifty-two week low of $65.98 and a fifty-two week high of $95.75. The firm’s 50 day moving average price is $88.62 and its 200 day moving average price is $89.23.

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. 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.