StoneX Group Inc. purchased a new position in iShares U.S. Financial Services ETF (NYSEARCA:IYG – Free Report) in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 6,563 shares of the company’s stock, valued at approximately $599,000.
Several other institutional investors have also added to or reduced their stakes in the business. Forte Asset Management LLC bought a new stake in shares of iShares U.S. Financial Services ETF in the 3rd quarter valued at about $4,157,000. Ferguson Wellman Capital Management Inc. bought a new position in iShares U.S. Financial Services ETF during the 3rd quarter worth approximately $13,232,000. Castle Rock Wealth Management LLC bought a new position in iShares U.S. Financial Services ETF during the 3rd quarter worth approximately $575,000. Fifth Third Securities Inc. purchased a new position in iShares U.S. Financial Services ETF in the 3rd quarter worth approximately $2,306,000. Finally, AMG National Trust Bank increased its stake in iShares U.S. Financial Services ETF by 95.3% in the 1st quarter. AMG National Trust Bank now owns 17,968 shares of the company’s stock worth $1,488,000 after purchasing an additional 8,767 shares during the period.
iShares U.S. Financial Services ETF Stock Performance
Shares of IYG stock opened at $97.69 on Thursday. iShares U.S. Financial Services ETF has a fifty-two week low of $79.86 and a fifty-two week high of $100.09. The stock has a 50 day moving average price of $93.87 and a two-hundred day moving average price of $90.69. The company has a market capitalization of $2.31 billion, a P/E ratio of 16.62 and a beta of 0.97.
About iShares U.S. Financial Services ETF
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. Index: banks, asset managers, consumer finance, specialty finance, investment services and mortgage finance.
See Also
- Five stocks we like better than iShares U.S. Financial Services ETF
- Keeping AI Cool: AAON Rides the AI Heatwave to Record Growth
- AST SpaceMobile Has a New Rocket Plan, But Its Cash-Burn Problem Isn’t Going Away
- Powering Up the Moon: Redwire’s $40 Million NASA Award
- Can Constellation Energy’s Contracts Power a Stock Rebound?
Want to see what other hedge funds are holding IYG? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares U.S. Financial Services ETF (NYSEARCA:IYG – Free Report).
Receive News & Ratings for iShares U.S. Financial Services ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares U.S. Financial Services ETF and related companies with MarketBeat.com's FREE daily email newsletter.
