J.W. Cole Advisors Inc. Cuts Stock Position in iShares U.S. Financial Services ETF (NYSEARCA:IYG)

J.W. Cole Advisors Inc. lowered its position in iShares U.S. Financial Services ETF (NYSEARCA:IYG) by 0.7% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 60,810 shares of the company’s stock after selling 429 shares during the period. J.W. Cole Advisors Inc. owned approximately 0.30% of iShares U.S. Financial Services ETF worth $4,732,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently modified their holdings of IYG. International Assets Investment Management LLC grew its position in shares of iShares U.S. Financial Services ETF by 7,787.3% in the 3rd quarter. International Assets Investment Management LLC now owns 260,834 shares of the company’s stock worth $18,524,000 after buying an additional 257,527 shares during the last quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors purchased a new stake in iShares U.S. Financial Services ETF during the 4th quarter worth approximately $7,607,000. Jane Street Group LLC purchased a new stake in iShares U.S. Financial Services ETF during the 3rd quarter worth approximately $2,496,000. IHT Wealth Management LLC grew its position in iShares U.S. Financial Services ETF by 107.2% during the 3rd quarter. IHT Wealth Management LLC now owns 50,463 shares of the company’s stock worth $3,575,000 after purchasing an additional 26,104 shares during the last quarter. Finally, Captrust Financial Advisors grew its position 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 purchasing an additional 25,802 shares during the last quarter.

iShares U.S. Financial Services ETF Trading Up 0.3 %

NYSEARCA:IYG opened at $84.26 on Friday. The company has a market cap of $1.70 billion, a PE ratio of 5.95 and a beta of 0.91. iShares U.S. Financial Services ETF has a twelve month low of $61.76 and a twelve month high of $84.91. The company’s 50 day moving average is $80.51 and its two-hundred day moving average is $75.74.

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.