Bank of Montreal Can Has $10.64 Million Holdings in iShares U.S. Financial Services ETF (NYSEARCA:IYG)

Bank of Montreal Can raised its position in shares of iShares U.S. Financial Services ETF (NYSEARCA:IYG) by 1.4% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 150,368 shares of the company’s stock after acquiring an additional 2,132 shares during the period. Bank of Montreal Can owned approximately 0.74% of iShares U.S. Financial Services ETF worth $10,637,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Envestnet Asset Management Inc. increased its position in iShares U.S. Financial Services ETF by 12.0% during the second quarter. Envestnet Asset Management Inc. now owns 1,509,858 shares of the company’s stock worth $98,458,000 after acquiring an additional 161,646 shares during the period. RiverFront Investment Group LLC increased its holdings in shares of iShares U.S. Financial Services ETF by 2.7% during the second quarter. RiverFront Investment Group LLC now owns 1,448,241 shares of the company’s stock worth $94,440,000 after purchasing an additional 38,283 shares during the period. Raymond James & Associates raised its position in shares of iShares U.S. Financial Services ETF by 14.5% in the second quarter. Raymond James & Associates now owns 564,529 shares of the company’s stock valued at $36,813,000 after buying an additional 71,320 shares in the last quarter. Baltimore Washington Financial Advisors Inc. boosted its stake in shares of iShares U.S. Financial Services ETF by 2.2% in the third quarter. Baltimore Washington Financial Advisors Inc. now owns 381,794 shares of the company’s stock valued at $27,115,000 after buying an additional 8,367 shares during the period. Finally, International Assets Investment Management LLC grew its position in 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 in the last quarter.

iShares U.S. Financial Services ETF Price Performance

Shares of NYSEARCA IYG opened at $82.34 on Monday. The stock has a market capitalization of $1.66 billion, a PE ratio of 5.95 and a beta of 0.91. iShares U.S. Financial Services ETF has a fifty-two week low of $55.30 and a fifty-two week high of $82.77. The business has a fifty day moving average price of $75.52 and a two-hundred day moving average price of $70.27.

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.