CX Institutional Takes Position in iShares U.S. Financial Services ETF (NYSEARCA:IYG)

CX Institutional bought a new position in shares of iShares U.S. Financial Services ETF (NYSEARCA:IYG) during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor bought 3,412 shares of the company’s stock, valued at approximately $223,000.

Other institutional investors have also modified their holdings of the company. Fortis Group Advisors LLC lifted its stake in 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 acquiring an additional 80 shares during the last quarter. D.A. Davidson & CO. increased its stake in iShares U.S. Financial Services ETF by 4.4% in the fourth quarter. D.A. Davidson & CO. now owns 2,372 shares of the company’s stock valued at $425,000 after purchasing an additional 100 shares during the last quarter. Carnegie Capital Asset Management LLC raised its holdings in iShares U.S. Financial Services ETF by 7.8% during the fourth quarter. Carnegie Capital Asset Management LLC now owns 1,690 shares of the company’s stock worth $303,000 after purchasing an additional 122 shares in the last quarter. Arkansas Financial Group Inc. lifted its position in shares of iShares U.S. Financial Services ETF by 0.3% during the 4th quarter. Arkansas Financial Group Inc. now owns 48,016 shares of the company’s stock worth $8,605,000 after buying an additional 145 shares during the last quarter. Finally, Frazier Financial Advisors LLC acquired a new position in shares of iShares U.S. Financial Services ETF in the 4th quarter valued at $29,000.

iShares U.S. Financial Services ETF Trading Up 0.7 %

NYSEARCA:IYG traded up $0.45 during midday trading on Friday, hitting $66.75. 9,066 shares of the company were exchanged, compared to its average volume of 58,508. iShares U.S. Financial Services ETF has a fifty-two week low of $48.21 and a fifty-two week high of $70.11. The company has a market capitalization of $1.35 billion, a PE ratio of 5.95 and a beta of 0.91. The company has a fifty day simple moving average of $66.36 and a 200 day simple moving average of $64.75.

iShares U.S. Financial Services ETF 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.