iShares U.S. Financial Services ETF (NYSEARCA:IYG) Shares Acquired by Cetera Investment Advisers

Cetera Investment Advisers increased its holdings in shares of iShares U.S. Financial Services ETF (NYSEARCA:IYG) by 1.8% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 32,701 shares of the company’s stock after purchasing an additional 569 shares during the period. Cetera Investment Advisers’ holdings in iShares U.S. Financial Services ETF were worth $2,132,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Envestnet Asset Management Inc. boosted its stake in shares of iShares U.S. Financial Services ETF by 12.0% during the second quarter. Envestnet Asset Management Inc. now owns 1,509,858 shares of the company’s stock worth $98,458,000 after buying an additional 161,646 shares during the period. RiverFront Investment Group LLC lifted its position in iShares U.S. Financial Services ETF by 210.7% during the 1st quarter. RiverFront Investment Group LLC now owns 1,410,030 shares of the company’s stock worth $93,484,000 after acquiring an additional 956,158 shares during the period. Raymond James & Associates grew its stake in shares of iShares U.S. Financial Services ETF by 14.5% in the 2nd quarter. Raymond James & Associates now owns 564,529 shares of the company’s stock valued at $36,813,000 after purchasing an additional 71,320 shares during the last quarter. Baltimore Washington Financial Advisors Inc. increased its holdings in shares of iShares U.S. Financial Services ETF by 3.4% in the second quarter. Baltimore Washington Financial Advisors Inc. now owns 373,427 shares of the company’s stock valued at $24,351,000 after purchasing an additional 12,314 shares during the period. Finally, Janney Montgomery Scott LLC raised its stake in shares of iShares U.S. Financial Services ETF by 189.4% during the first quarter. Janney Montgomery Scott LLC now owns 259,536 shares of the company’s stock worth $17,207,000 after purchasing an additional 169,851 shares during the last quarter.

iShares U.S. Financial Services ETF Price Performance

Shares of NYSEARCA IYG opened at $73.16 on Monday. The stock has a fifty day moving average price of $69.70 and a 200 day moving average price of $67.13. iShares U.S. Financial Services ETF has a 1-year low of $48.21 and a 1-year high of $73.28. The company has a market cap of $1.48 billion, a PE ratio of 5.95 and a beta of 0.91.

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.