Kozak & Associates Inc. Purchases 98,267 Shares of iShares U.S. Financial Services ETF $IYG

Kozak & Associates Inc. grew its position in iShares U.S. Financial Services ETF (NYSEARCA:IYG) by 30.8% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 417,733 shares of the company’s stock after buying an additional 98,267 shares during the quarter. iShares U.S. Financial Services ETF accounts for approximately 6.8% of Kozak & Associates Inc.’s holdings, making the stock its 5th biggest holding. Kozak & Associates Inc.’s holdings in iShares U.S. Financial Services ETF were worth $35,875,000 at the end of the most recent quarter.

Other hedge funds have also made changes to their positions in the company. Envestnet Asset Management Inc. boosted its position in shares of iShares U.S. Financial Services ETF by 2.1% in the 3rd quarter. Envestnet Asset Management Inc. now owns 1,323,623 shares of the company’s stock worth $118,650,000 after buying an additional 27,298 shares in the last quarter. Bank of America Corp DE raised its position in iShares U.S. Financial Services ETF by 1.8% during the third quarter. Bank of America Corp DE now owns 502,126 shares of the company’s stock worth $45,011,000 after acquiring an additional 8,857 shares during the last quarter. Baltimore Washington Financial Advisors Inc. raised its position in iShares U.S. Financial Services ETF by 2.8% during the third quarter. Baltimore Washington Financial Advisors Inc. now owns 404,827 shares of the company’s stock worth $36,289,000 after acquiring an additional 11,164 shares during the last quarter. JPMorgan Chase & Co. lifted its holdings in shares of iShares U.S. Financial Services ETF by 3.1% in the third quarter. JPMorgan Chase & Co. now owns 308,166 shares of the company’s stock valued at $27,624,000 after purchasing an additional 9,337 shares in the last quarter. Finally, PGIM Custom Harvest LLC grew its position in shares of iShares U.S. Financial Services ETF by 42.2% in the second quarter. PGIM Custom Harvest LLC now owns 305,036 shares of the company’s stock valued at $26,111,000 after purchasing an additional 90,472 shares during the last quarter.

iShares U.S. Financial Services ETF Price Performance

Shares of IYG opened at $82.50 on Wednesday. The firm has a 50 day simple moving average of $88.62 and a 200-day simple moving average of $89.23. iShares U.S. Financial Services ETF has a 1-year low of $65.98 and a 1-year high of $95.75. The stock has a market cap of $1.89 billion, a price-to-earnings ratio of 18.95 and a beta of 1.11.

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.