Kingswood Wealth Advisors LLC Acquires New Holdings in iShares U.S. Financial Services ETF (NYSEARCA:IYG)

Kingswood Wealth Advisors LLC bought a new position in shares of iShares U.S. Financial Services ETF (NYSEARCA:IYGFree Report) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 7,064 shares of the company’s stock, valued at approximately $550,000.

Other institutional investors have also made changes to their positions in the company. Financial Avengers Inc. purchased a new position in shares of iShares U.S. Financial Services ETF during the 3rd quarter worth approximately $28,000. Thurston Springer Miller Herd & Titak Inc. purchased a new position in shares of iShares U.S. Financial Services ETF during the third quarter worth $38,000. EP Wealth Advisors LLC grew its stake in shares of iShares U.S. Financial Services ETF by 28.2% in the third quarter. EP Wealth Advisors LLC now owns 2,247 shares of the company’s stock valued at $160,000 after buying an additional 494 shares in the last quarter. Magnus Financial Group LLC purchased a new stake in shares of iShares U.S. Financial Services ETF in the 4th quarter valued at $205,000. Finally, Capital Investment Advisors LLC acquired a new position in iShares U.S. Financial Services ETF during the 3rd quarter worth about $201,000.

iShares U.S. Financial Services ETF Price Performance

NYSEARCA IYG opened at $83.33 on Thursday. The company has a market cap of $1.68 billion, a P/E ratio of 5.95 and a beta of 0.91. The stock has a 50-day moving average of $79.90 and a two-hundred day moving average of $74.42. iShares U.S. Financial Services ETF has a 1-year low of $60.09 and a 1-year high of $84.00.

iShares U.S. Financial Services ETF Profile

(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.

See Also

Want to see what other hedge funds are holding IYG? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares U.S. Financial Services ETF (NYSEARCA:IYGFree Report).

Institutional Ownership by Quarter for iShares U.S. Financial Services ETF (NYSEARCA:IYG)

Receive News & Ratings for iShares U.S. Financial Services ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares U.S. Financial Services ETF and related companies with MarketBeat.com's FREE daily email newsletter.