6,325 Shares of iShares U.S. Financial Services ETF $IYG Purchased by Castle Rock Wealth Management LLC

Castle Rock Wealth Management LLC purchased a new stake in shares of iShares U.S. Financial Services ETF (NYSEARCA:IYG) during the third quarter, HoldingsChannel.com reports. The fund purchased 6,325 shares of the company’s stock, valued at approximately $575,000.

Other institutional investors have also recently made changes to their positions in the company. Capital Advisors Ltd. LLC raised its holdings in shares of iShares U.S. Financial Services ETF by 49.8% during the first quarter. Capital Advisors Ltd. LLC now owns 379 shares of the company’s stock valued at $31,000 after purchasing an additional 126 shares during the last quarter. D.A. Davidson & CO. lifted its position in iShares U.S. Financial Services ETF by 4.1% during the first quarter. D.A. Davidson & CO. now owns 4,786 shares of the company’s stock valued at $396,000 after purchasing an additional 188 shares during the period. Pointe Capital Management LLC boosted its holdings in iShares U.S. Financial Services ETF by 7.7% in the fourth quarter. Pointe Capital Management LLC now owns 2,786 shares of the company’s stock worth $257,000 after purchasing an additional 200 shares during the last quarter. Chicago Partners Investment Group LLC boosted its holdings in iShares U.S. Financial Services ETF by 7.2% in the first quarter. Chicago Partners Investment Group LLC now owns 3,786 shares of the company’s stock worth $333,000 after purchasing an additional 255 shares during the last quarter. Finally, CX Institutional bought a new stake in iShares U.S. Financial Services ETF in the 3rd quarter worth approximately $27,000.

iShares U.S. Financial Services ETF Stock Up 1.1%

IYG traded up $1.00 during mid-day trading on Friday, reaching $92.07. 250,797 shares of the company traded hands, compared to its average volume of 116,228. The stock has a market capitalization of $2.15 billion, a P/E ratio of 18.95 and a beta of 0.98. The company’s fifty day moving average price is $95.31 and its 200-day moving average price is $91.11. iShares U.S. Financial Services ETF has a 52-week low of $79.86 and a 52-week high of $98.66.

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.