SRS Capital Advisors Inc. Buys 333 Shares of iShares U.S. Financial Services ETF (NYSEARCA:IYG)

SRS Capital Advisors Inc. boosted its stake in shares of iShares U.S. Financial Services ETF (NYSEARCA:IYG) by 63.4% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 858 shares of the company’s stock after acquiring an additional 333 shares during the quarter. SRS Capital Advisors Inc.’s holdings in iShares U.S. Financial Services ETF were worth $67,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Baltimore Washington Financial Advisors Inc. boosted its stake in iShares U.S. Financial Services ETF by 2.1% in the fourth quarter. Baltimore Washington Financial Advisors Inc. now owns 389,794 shares of the company’s stock worth $30,330,000 after purchasing an additional 8,000 shares in the last quarter. Kozak & Associates Inc. raised its holdings in shares of 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 buying an additional 11,087 shares during the last quarter. 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 buying an additional 5,590 shares in the last quarter. Captrust Financial Advisors grew its holdings in iShares U.S. Financial Services ETF by 16.2% during the 3rd quarter. Captrust Financial Advisors now owns 184,956 shares of the company’s stock worth $13,136,000 after acquiring an additional 25,802 shares during the last quarter. Finally, Bank of Montreal Can grew its holdings in iShares U.S. Financial Services ETF by 1.4% during the 3rd quarter. Bank of Montreal Can now owns 150,368 shares of the company’s stock worth $10,637,000 after acquiring an additional 2,132 shares during the last quarter.

iShares U.S. Financial Services ETF Trading Down 2.0 %

Shares of NYSEARCA IYG opened at $78.30 on Friday. iShares U.S. Financial Services ETF has a 1-year low of $62.13 and a 1-year high of $84.91. The company has a 50-day moving average of $81.38 and a two-hundred day moving average of $77.16. The company has a market cap of $1.58 billion, a PE ratio of 17.45 and a beta of 0.91.

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.