AMG National Trust Bank Buys 272 Shares of iShares U.S. Financial Services ETF (NYSEARCA:IYG)

AMG National Trust Bank increased its stake in shares of iShares U.S. Financial Services ETF (NYSEARCA:IYG) by 3.0% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 9,212 shares of the company’s stock after buying an additional 272 shares during the quarter. AMG National Trust Bank’s holdings in iShares U.S. Financial Services ETF were worth $601,000 as of its most recent SEC filing.

Other large investors have also made changes to their positions in the company. Fortis Group Advisors LLC lifted its stake in iShares U.S. Financial Services ETF by 100.0% in the 4th quarter. Fortis Group Advisors LLC now owns 160 shares of the company’s stock valued at $29,000 after buying an additional 80 shares in the last quarter. D.A. Davidson & CO. increased its holdings in iShares U.S. Financial Services ETF by 4.4% during the 4th quarter. D.A. Davidson & CO. now owns 2,372 shares of the company’s stock worth $425,000 after purchasing an additional 100 shares during the period. Frazier Financial Advisors LLC purchased a new stake in shares of iShares U.S. Financial Services ETF during the 4th quarter worth $29,000. Indiana Trust & Investment Management CO increased its stake in 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 valued at $27,000 after purchasing an additional 201 shares during the last quarter. Finally, SAM Advisors LLC boosted its position in shares of iShares U.S. Financial Services ETF by 0.5% in the 4th quarter. SAM Advisors LLC now owns 41,210 shares of the company’s stock valued at $7,385,000 after purchasing an additional 210 shares during the period.

iShares U.S. Financial Services ETF Stock Up 1.2 %

Shares of NYSEARCA IYG traded up $0.85 during mid-day trading on Friday, hitting $69.92. 20,066 shares of the company were exchanged, compared to its average volume of 56,641. The firm has a market cap of $1.41 billion, a price-to-earnings ratio of 5.95 and a beta of 0.91. The stock has a 50 day simple moving average of $67.08 and a 200-day simple moving average of $65.35. iShares U.S. Financial Services ETF has a 1-year low of $48.21 and a 1-year high of $70.12.

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.