Commonwealth Equity Services LLC Sells 381 Shares of iShares U.S. Financial Services ETF (NYSEARCA:IYG)

Commonwealth Equity Services LLC trimmed its stake in iShares U.S. Financial Services ETF (NYSEARCA:IYG) by 1.0% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 37,643 shares of the company’s stock after selling 381 shares during the period. Commonwealth Equity Services LLC’s holdings in iShares U.S. Financial Services ETF were worth $2,929,000 at the end of the most recent reporting period.

Other large investors have also bought and sold shares of the company. Roxbury Financial LLC acquired a new stake in shares of iShares U.S. Financial Services ETF in the fourth quarter valued at about $25,000. Financial Avengers Inc. bought a new stake in iShares U.S. Financial Services ETF in the third quarter valued at approximately $28,000. Comprehensive Financial Planning Inc. PA acquired a new stake in iShares U.S. Financial Services ETF during the 4th quarter valued at approximately $50,000. Hopwood Financial Services Inc. bought a new position in iShares U.S. Financial Services ETF during the 4th quarter worth approximately $55,000. Finally, SRS Capital Advisors Inc. lifted its position in shares of iShares U.S. Financial Services ETF by 63.4% in the 4th quarter. SRS Capital Advisors Inc. now owns 858 shares of the company’s stock worth $67,000 after purchasing an additional 333 shares during the period.

iShares U.S. Financial Services ETF Stock Up 0.5 %

IYG stock opened at $80.19 on Wednesday. The firm has a market cap of $1.72 billion, a price-to-earnings ratio of 16.68 and a beta of 1.17. The company’s fifty day simple moving average is $81.23 and its 200 day simple moving average is $77.90. iShares U.S. Financial Services ETF has a 12-month low of $62.13 and a 12-month high of $84.91.

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.