Bank of Montreal Can Has $10.64 Million Holdings in iShares U.S. Financial Services ETF (NYSEARCA:IYG)

Bank of Montreal Can boosted its position in iShares U.S. Financial Services ETF (NYSEARCA:IYG) by 1.4% in the third quarter, Holdings Channel.com reports. The firm owned 150,368 shares of the company’s stock after purchasing an additional 2,132 shares during the quarter. Bank of Montreal Can’s holdings in iShares U.S. Financial Services ETF were worth $10,637,000 at the end of the most recent reporting period.

Other hedge funds have also recently made changes to their positions in the company. Baltimore Washington Financial Advisors Inc. raised its holdings in iShares U.S. Financial Services ETF by 2.2% in the 3rd quarter. Baltimore Washington Financial Advisors Inc. now owns 381,794 shares of the company’s stock valued at $27,115,000 after buying an additional 8,367 shares during the last quarter. Cerity Partners LLC lifted its holdings in shares of iShares U.S. Financial Services ETF by 113.9% during the third quarter. Cerity Partners LLC now owns 7,472 shares of the company’s stock worth $531,000 after purchasing an additional 3,978 shares during the period. Commerce Bank grew its stake in shares of iShares U.S. Financial Services ETF by 5.4% in the third quarter. Commerce Bank now owns 3,954 shares of the company’s stock worth $281,000 after purchasing an additional 204 shares during the last quarter. OneDigital Investment Advisors LLC acquired a new stake in iShares U.S. Financial Services ETF in the third quarter valued at $205,000. Finally, Oppenheimer & Co. Inc. bought a new position in iShares U.S. Financial Services ETF during the 3rd quarter worth $376,000.

iShares U.S. Financial Services ETF Trading Up 0.1 %

NYSEARCA IYG opened at $82.34 on Monday. The firm has a market capitalization of $1.66 billion, a PE ratio of 5.95 and a beta of 0.91. The business’s 50-day moving average price is $75.52 and its two-hundred day moving average price is $70.27. iShares U.S. Financial Services ETF has a 12 month low of $55.30 and a 12 month high of $82.77.

iShares U.S. Financial Services ETF Company 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.