Private Advisor Group LLC Grows Stock Holdings in iShares U.S. Financial Services ETF $IYG

Private Advisor Group LLC grew its position in iShares U.S. Financial Services ETF (NYSEARCA:IYG) by 17.0% during the first quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 208,916 shares of the company’s stock after buying an additional 30,308 shares during the period. Private Advisor Group LLC owned 0.92% of iShares U.S. Financial Services ETF worth $17,307,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Lido Advisors LLC lifted its position in iShares U.S. Financial Services ETF by 3.7% during the third quarter. Lido Advisors LLC now owns 3,336 shares of the company’s stock valued at $299,000 after acquiring an additional 120 shares during the last quarter. Capital Advisors Ltd. LLC grew its holdings in iShares U.S. Financial Services ETF by 49.8% in the first quarter. Capital Advisors Ltd. LLC now owns 379 shares of the company’s stock worth $31,000 after purchasing an additional 126 shares during the last quarter. Comerica Bank grew its holdings in iShares U.S. Financial Services ETF by 0.5% in the third quarter. Comerica Bank now owns 27,416 shares of the company’s stock worth $2,458,000 after purchasing an additional 131 shares during the last quarter. O Shaughnessy Asset Management LLC increased its position in shares of iShares U.S. Financial Services ETF by 9.3% during the fourth quarter. O Shaughnessy Asset Management LLC now owns 1,756 shares of the company’s stock worth $162,000 after purchasing an additional 150 shares in the last quarter. Finally, Smartleaf Asset Management LLC increased its position in shares of iShares U.S. Financial Services ETF by 47.8% during the fourth quarter. Smartleaf Asset Management LLC now owns 594 shares of the company’s stock worth $55,000 after purchasing an additional 192 shares in the last quarter.

iShares U.S. Financial Services ETF Stock Performance

Shares of IYG opened at $93.37 on Friday. iShares U.S. Financial Services ETF has a 12 month low of $79.86 and a 12 month high of $95.75. The stock has a fifty day moving average price of $88.53 and a 200-day moving average price of $88.37. The firm has a market cap of $2.04 billion, a PE ratio of 18.95 and a beta of 0.96.

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. It is a subset of the Dow Jones U.S. Financials Index. The Underlying Index includes components of subsectors in the Dow Jones U.S.