Fifth Third Securities Inc. Raises Stock Holdings in iShares U.S. Financial Services ETF (NYSEARCA:IYG)

Fifth Third Securities Inc. raised its stake in iShares U.S. Financial Services ETF (NYSEARCA:IYG) by 4.7% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 22,636 shares of the company’s stock after purchasing an additional 1,012 shares during the period. Fifth Third Securities Inc.’s holdings in iShares U.S. Financial Services ETF were worth $1,761,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Baltimore Washington Financial Advisors Inc. boosted its holdings in shares of iShares U.S. Financial Services ETF by 2.2% in the 3rd 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 in the last quarter. Kozak & Associates Inc. boosted its stake in iShares U.S. Financial Services ETF by 4.4% in the fourth quarter. Kozak & Associates Inc. now owns 261,636 shares of the company’s stock valued at $20,518,000 after acquiring an additional 11,087 shares in the last quarter. JPMorgan Chase & Co. grew its holdings in iShares U.S. Financial Services ETF by 2.2% in the third quarter. JPMorgan Chase & Co. now owns 261,570 shares of the company’s stock worth $18,577,000 after purchasing an additional 5,590 shares during the last quarter. International Assets Investment Management LLC increased its position in shares of 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 purchasing an additional 257,527 shares in the last quarter. Finally, Captrust Financial Advisors increased its position in shares of iShares U.S. Financial Services ETF by 16.2% during the third quarter. Captrust Financial Advisors now owns 184,956 shares of the company’s stock worth $13,136,000 after purchasing an additional 25,802 shares in the last quarter.

iShares U.S. Financial Services ETF Price Performance

iShares U.S. Financial Services ETF stock opened at $83.70 on Friday. The business has a fifty day moving average price of $80.05 and a 200-day moving average price of $74.55. iShares U.S. Financial Services ETF has a 1-year low of $60.09 and a 1-year high of $84.62. The stock has a market capitalization of $1.69 billion, a price-to-earnings 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.