iShares U.S. Financial Services ETF (NYSEARCA:IYG) Sets New 1-Year High at $186.06

iShares U.S. Financial Services ETF (NYSEARCA:IYGGet Free Report) reached a new 52-week high on Monday . The company traded as high as $186.06 and last traded at $186.06, with a volume of 2171 shares trading hands. The stock had previously closed at $184.40.

iShares U.S. Financial Services ETF Price Performance

The company’s 50 day simple moving average is $178.01 and its 200 day simple moving average is $165.66. The stock has a market cap of $1.37 billion, a P/E ratio of 10.62 and a beta of 1.16.

iShares U.S. Financial Services ETF shares are going to split before the market opens on Thursday, March 7th. The 3-1 split was announced on Thursday, March 7th. The newly created shares will be payable to shareholders after the market closes on Thursday, March 7th.

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

A number of institutional investors and hedge funds have recently made changes to their positions in IYG. US Bancorp DE lifted its position in shares of iShares U.S. Financial Services ETF by 2.3% during the 2nd quarter. US Bancorp DE now owns 2,829 shares of the company’s stock valued at $447,000 after acquiring an additional 63 shares during the period. Baird Financial Group Inc. raised its position in shares of iShares U.S. Financial Services ETF by 2.6% in the 4th quarter. Baird Financial Group Inc. now owns 2,760 shares of the company’s stock valued at $434,000 after buying an additional 71 shares in the last quarter. Steward Partners Investment Advisory LLC lifted its holdings in shares of iShares U.S. Financial Services ETF by 2.6% during the 1st quarter. Steward Partners Investment Advisory LLC now owns 2,854 shares of the company’s stock worth $431,000 after acquiring an additional 72 shares during the period. Captrust Financial Advisors boosted its position in shares of iShares U.S. Financial Services ETF by 5.2% during the 4th quarter. Captrust Financial Advisors now owns 1,594 shares of the company’s stock worth $251,000 after acquiring an additional 79 shares in the last quarter. Finally, TRUE Private Wealth Advisors grew its position in iShares U.S. Financial Services ETF by 3.5% in the third quarter. TRUE Private Wealth Advisors now owns 2,399 shares of the company’s stock valued at $371,000 after acquiring an additional 81 shares during the last quarter.

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.

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