Millstone Evans Group LLC Makes New $79,000 Investment in iShares U.S. Financial Services ETF (NYSEARCA:IYG)

Millstone Evans Group LLC bought a new stake in shares of iShares U.S. Financial Services ETF (NYSEARCA:IYG) in the 4th quarter, HoldingsChannel.com reports. The fund bought 1,014 shares of the company’s stock, valued at approximately $79,000.

Other large investors have also recently made changes to their positions in the company. Raymond James Financial Inc. purchased a new position in iShares U.S. Financial Services ETF in the fourth quarter valued at $43,292,000. Independent Advisor Alliance purchased a new position in shares of iShares U.S. Financial Services ETF in the 4th quarter valued at about $9,902,000. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors acquired a new position in iShares U.S. Financial Services ETF in the 4th quarter worth about $7,607,000. Jane Street Group LLC acquired a new position in iShares U.S. Financial Services ETF in the 3rd quarter worth about $2,496,000. Finally, IHT Wealth Management LLC boosted its position in iShares U.S. Financial Services ETF by 107.2% during the third 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 in the last quarter.

iShares U.S. Financial Services ETF Price Performance

iShares U.S. Financial Services ETF stock opened at $78.11 on Monday. The business has a 50 day simple moving average of $81.12 and a 200-day simple moving average of $77.76. iShares U.S. Financial Services ETF has a 12 month low of $62.13 and a 12 month high of $84.91. The stock has a market capitalization of $1.68 billion, a PE ratio of 16.68 and a beta of 1.17.

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.