Sequent Planning LLC Makes New Investment in iShares U.S. Financial Services ETF $IYG

Sequent Planning LLC bought a new position in iShares U.S. Financial Services ETF (NYSEARCA:IYG) in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 7,620 shares of the company’s stock, valued at approximately $683,000.

A number of other large investors have also modified their holdings of IYG. GAMMA Investing LLC lifted its position in iShares U.S. Financial Services ETF by 9.3% during the 3rd quarter. GAMMA Investing LLC now owns 1,446 shares of the company’s stock worth $130,000 after acquiring an additional 123 shares in the last quarter. Cottonwood Capital Advisors LLC grew its position in iShares U.S. Financial Services ETF by 1.2% in the third quarter. Cottonwood Capital Advisors LLC now owns 12,490 shares of the company’s stock valued at $1,120,000 after acquiring an additional 145 shares in the last quarter. Kesler Norman & Wride LLC grew its position in iShares U.S. Financial Services ETF by 2.8% in the third quarter. Kesler Norman & Wride LLC now owns 5,490 shares of the company’s stock valued at $492,000 after acquiring an additional 150 shares in the last quarter. Prospera Financial Services Inc raised its stake in shares of iShares U.S. Financial Services ETF by 1.5% during the second quarter. Prospera Financial Services Inc now owns 10,554 shares of the company’s stock valued at $903,000 after purchasing an additional 153 shares during the period. Finally, Harbor Asset Planning Inc. raised its stake in shares of iShares U.S. Financial Services ETF by 3.3% during the third quarter. Harbor Asset Planning Inc. now owns 6,644 shares of the company’s stock valued at $595,000 after purchasing an additional 213 shares during the period.

iShares U.S. Financial Services ETF Trading Down 1.6%

NYSEARCA IYG opened at $84.27 on Friday. The stock has a market cap of $1.93 billion, a P/E ratio of 18.95 and a beta of 1.11. The company’s fifty day simple moving average is $90.13 and its 200-day simple moving average is $89.51. iShares U.S. Financial Services ETF has a 52 week low of $65.98 and a 52 week high of $95.75.

About iShares U.S. Financial Services ETF

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. It is a subset of the Dow Jones U.S. Financials Index. The Underlying Index includes components of subsectors in the Dow Jones U.S.