Oppenheimer & Co. Inc. bought a new position in shares of iShares U.S. Financial Services ETF (NYSEARCA:IYG – Free Report) in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 5,293 shares of the company’s stock, valued at approximately $376,000.
Several other large investors have also bought and sold shares of the business. International Assets Investment Management LLC grew its stake in shares of iShares U.S. Financial Services ETF by 7,787.3% during the third quarter. International Assets Investment Management LLC now owns 260,834 shares of the company’s stock worth $18,524,000 after buying an additional 257,527 shares during the last quarter. Envestnet Asset Management Inc. increased its position in iShares U.S. Financial Services ETF by 12.0% during the 2nd quarter. Envestnet Asset Management Inc. now owns 1,509,858 shares of the company’s stock valued at $98,458,000 after purchasing an additional 161,646 shares during the period. Kozak & Associates Inc. lifted its holdings in iShares U.S. Financial Services ETF by 209.6% in the first quarter. Kozak & Associates Inc. now owns 229,580 shares of the company’s stock valued at $15,304,000 after buying an additional 155,424 shares during the period. Raymond James & Associates lifted its stake in shares of iShares U.S. Financial Services ETF by 14.5% in the 2nd quarter. Raymond James & Associates now owns 564,529 shares of the company’s stock valued at $36,813,000 after purchasing an additional 71,320 shares during the period. Finally, RiverFront Investment Group LLC grew its position in shares of iShares U.S. Financial Services ETF by 2.7% during the 2nd quarter. RiverFront Investment Group LLC now owns 1,448,241 shares of the company’s stock worth $94,440,000 after buying an additional 38,283 shares during the period.
iShares U.S. Financial Services ETF Price Performance
IYG stock opened at $80.47 on Friday. iShares U.S. Financial Services ETF has a 1 year low of $54.49 and a 1 year high of $80.83. The company’s 50-day moving average is $73.93 and its 200-day moving average is $69.45. The stock has a market capitalization of $1.63 billion, a PE ratio of 5.95 and a beta of 0.91.
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.
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