GSA Capital Partners LLP Boosts Stock Holdings in iShares U.S. Financial Services ETF (NYSEARCA:IYG)

GSA Capital Partners LLP raised its stake in iShares U.S. Financial Services ETF (NYSEARCA:IYG) by 22.7% during the third quarter, HoldingsChannel.com reports. The fund owned 3,892 shares of the company’s stock after purchasing an additional 720 shares during the quarter. GSA Capital Partners LLP’s holdings in iShares U.S. Financial Services ETF were worth $276,000 at the end of the most recent reporting period.

Several other hedge funds have also bought and sold shares of IYG. Envestnet Asset Management Inc. grew its holdings in shares of iShares U.S. Financial Services ETF by 12.0% in the second 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 in the last quarter. RiverFront Investment Group LLC grew its stake in shares of iShares U.S. Financial Services ETF by 2.7% in 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 in the last quarter. Raymond James & Associates grew 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 worth $36,813,000 after buying an additional 71,320 shares in the last quarter. Baltimore Washington Financial Advisors Inc. increased its holdings in shares of iShares U.S. Financial Services ETF by 3.4% in the 2nd quarter. Baltimore Washington Financial Advisors Inc. now owns 373,427 shares of the company’s stock worth $24,351,000 after buying an additional 12,314 shares during the last quarter. Finally, International Assets Investment Management LLC raised its position in shares of iShares U.S. Financial Services ETF by 7,787.3% during the 3rd quarter. International Assets Investment Management LLC now owns 260,834 shares of the company’s stock valued at $18,524,000 after buying an additional 257,527 shares in the last quarter.

iShares U.S. Financial Services ETF Price Performance

Shares of NYSEARCA IYG opened at $81.46 on Friday. iShares U.S. Financial Services ETF has a 1-year low of $54.49 and a 1-year high of $81.46. The business’s 50 day moving average is $74.40 and its two-hundred day moving average is $69.64. The stock has a market capitalization of $1.65 billion, a P/E ratio of 5.95 and a beta of 0.91.

iShares U.S. Financial Services ETF Company 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.