iShares U.S. Financial Services ETF (NYSEARCA:IYG) Trading Up 0.3%

Posted by ABMN Staff on May 8th, 2024

Shares of iShares U.S. Financial Services ETF (NYSEARCA:IYG – Get Free Report) were up 0.3% on Tuesday . The stock traded as high as $65.21 and last traded at $65.01. Approximately 74,553 shares were traded during trading, an increase of 16% from the average daily volume of 64,140 shares. The stock had previously closed at $64.83.

iShares U.S. Financial Services ETF Stock Up 0.3 %

The firm has a market capitalization of $1.32 billion, a price-to-earnings ratio of 5.85 and a beta of 0.97. The firm’s 50 day moving average is $64.45 and its 200 day moving average is $59.95.

Institutional Investors Weigh In On iShares U.S. Financial Services ETF

Several large investors have recently modified their holdings of the stock. SRS Capital Advisors Inc. acquired a new stake in shares of iShares U.S. Financial Services ETF in the third quarter worth $27,000. Indiana Trust & Investment Management CO boosted its position in shares of iShares U.S. Financial Services ETF by 100.0% in the first quarter. Indiana Trust & Investment Management CO now owns 402 shares of the company’s stock worth $27,000 after buying an additional 201 shares during the period. Frazier Financial Advisors LLC acquired a new stake in shares of iShares U.S. Financial Services ETF in the fourth quarter worth $29,000. Fortis Group Advisors LLC boosted its position in shares of iShares U.S. Financial Services ETF by 100.0% in the fourth quarter. Fortis Group Advisors LLC now owns 160 shares of the company’s stock worth $29,000 after buying an additional 80 shares during the period. Finally, Salem Investment Counselors Inc. boosted its position in shares of iShares U.S. Financial Services ETF by 200.0% in the first quarter. Salem Investment Counselors Inc. now owns 450 shares of the company’s stock worth $30,000 after buying an additional 300 shares during the period.

iShares U.S. Financial Services ETF Company Profile

(Get Free Report)

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.