Atria Wealth Solutions Inc. Lowers Stock Position in iShares U.S. Financial Services ETF $IYG

Atria Wealth Solutions Inc. lessened its holdings in iShares U.S. Financial Services ETF (NYSEARCA:IYG) by 15.7% during the second quarter, Holdings Channel.com reports. The firm owned 2,683 shares of the company’s stock after selling 501 shares during the quarter. Atria Wealth Solutions Inc.’s holdings in iShares U.S. Financial Services ETF were worth $233,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors also recently added to or reduced their stakes in the company. Sequoia Financial Advisors LLC purchased a new stake in iShares U.S. Financial Services ETF in the 1st quarter valued at approximately $248,000. Brown Advisory Inc. purchased a new stake in iShares U.S. Financial Services ETF in the 1st quarter valued at approximately $1,049,000. Cambridge Investment Research Advisors Inc. boosted its stake in shares of iShares U.S. Financial Services ETF by 15.4% during the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 17,640 shares of the company’s stock worth $1,386,000 after acquiring an additional 2,354 shares in the last quarter. Magnus Financial Group LLC boosted its stake in shares of iShares U.S. Financial Services ETF by 20.6% during the 2nd quarter. Magnus Financial Group LLC now owns 3,659 shares of the company’s stock worth $313,000 after acquiring an additional 624 shares in the last quarter. Finally, Wealth Enhancement Advisory Services LLC boosted its stake in shares of iShares U.S. Financial Services ETF by 53.7% during the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 6,720 shares of the company’s stock worth $528,000 after acquiring an additional 2,348 shares in the last quarter.

iShares U.S. Financial Services ETF Price Performance

Shares of NYSEARCA:IYG opened at $87.31 on Thursday. The business’s 50 day simple moving average is $88.72 and its 200-day simple moving average is $84.19. The firm has a market capitalization of $1.89 billion, a price-to-earnings ratio of 18.95 and a beta of 1.16. iShares U.S. Financial Services ETF has a 12 month low of $65.98 and a 12 month high of $91.25.

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.