Geneos Wealth Management Inc. Buys 1,110 Shares of iShares U.S. Financial Services ETF (NYSEARCA:IYG)

Geneos Wealth Management Inc. grew its stake in iShares U.S. Financial Services ETF (NYSEARCA:IYG) by 5.4% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 21,756 shares of the company’s stock after buying an additional 1,110 shares during the period. Geneos Wealth Management Inc. owned approximately 0.11% of iShares U.S. Financial Services ETF worth $1,693,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in the stock. Magnus Financial Group LLC bought a new stake in iShares U.S. Financial Services ETF during the fourth quarter worth approximately $205,000. Carnegie Investment Counsel boosted its holdings in shares of iShares U.S. Financial Services ETF by 2.6% during the 4th quarter. Carnegie Investment Counsel now owns 5,323 shares of the company’s stock worth $414,000 after buying an additional 135 shares during the period. Park Avenue Securities LLC acquired a new position in iShares U.S. Financial Services ETF in the 4th quarter valued at $341,000. Kozak & Associates Inc. raised its holdings in iShares U.S. Financial Services ETF by 4.4% in the 4th quarter. Kozak & Associates Inc. now owns 261,636 shares of the company’s stock worth $20,518,000 after acquiring an additional 11,087 shares during the period. Finally, JPMorgan Chase & Co. lifted its position in iShares U.S. Financial Services ETF by 2.2% during the 3rd quarter. JPMorgan Chase & Co. now owns 261,570 shares of the company’s stock worth $18,577,000 after acquiring an additional 5,590 shares during the last quarter.

iShares U.S. Financial Services ETF Stock Performance

Shares of NYSEARCA:IYG opened at $82.84 on Monday. The stock’s 50-day moving average is $79.77 and its 200-day moving average is $74.14. The company has a market cap of $1.67 billion, a P/E ratio of 5.95 and a beta of 0.91. iShares U.S. Financial Services ETF has a 52-week low of $60.05 and a 52-week high of $83.02.

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.