iShares U.S. Financial Services ETF (NYSEARCA:IYG) Holdings Increased by Avantax Advisory Services Inc.

Avantax Advisory Services Inc. increased its stake in iShares U.S. Financial Services ETF (NYSEARCA:IYG) by 2.5% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 7,299 shares of the company’s stock after acquiring an additional 181 shares during the period. Avantax Advisory Services Inc.’s holdings in iShares U.S. Financial Services ETF were worth $568,000 at the end of the most recent reporting period.

Other hedge funds have also made changes to their positions in the company. Raymond James Financial Inc. acquired a new stake in iShares U.S. Financial Services ETF in the fourth quarter worth approximately $43,292,000. Baltimore Washington Financial Advisors Inc. lifted its holdings in shares of iShares U.S. Financial Services ETF by 2.1% in the fourth quarter. Baltimore Washington Financial Advisors Inc. now owns 389,794 shares of the company’s stock valued at $30,330,000 after buying an additional 8,000 shares during the period. Kozak & Associates Inc. boosted its stake in iShares U.S. Financial Services ETF by 4.4% during the fourth quarter. Kozak & Associates Inc. now owns 261,636 shares of the company’s stock valued at $20,518,000 after buying an additional 11,087 shares in the last quarter. JPMorgan Chase & Co. grew its holdings in iShares U.S. Financial Services ETF by 2.2% during the third quarter. JPMorgan Chase & Co. now owns 261,570 shares of the company’s stock worth $18,577,000 after acquiring an additional 5,590 shares during the period. Finally, Captrust Financial Advisors grew its holdings in iShares U.S. Financial Services ETF by 16.2% during the third quarter. Captrust Financial Advisors now owns 184,956 shares of the company’s stock worth $13,136,000 after acquiring an additional 25,802 shares during the period.

iShares U.S. Financial Services ETF Trading Down 0.2 %

Shares of NYSEARCA IYG opened at $78.11 on Friday. iShares U.S. Financial Services ETF has a twelve month low of $62.13 and a twelve month high of $84.91. The firm has a 50-day moving average of $81.12 and a two-hundred day moving average of $77.71. The company has a market capitalization of $1.68 billion, a price-to-earnings ratio of 16.68 and a beta of 1.17.

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.