Ashton Thomas Private Wealth LLC Acquires Shares of 420 iShares U.S. Financial Services ETF (NYSEARCA:IYG)

Ashton Thomas Private Wealth LLC bought a new position in iShares U.S. Financial Services ETF (NYSEARCA:IYG) during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 420 shares of the company’s stock, valued at approximately $27,000.

A number of other institutional investors have also recently made changes to their positions in IYG. Indiana Trust & Investment Management CO raised its position in iShares U.S. Financial Services ETF by 100.0% in the 1st quarter. Indiana Trust & Investment Management CO now owns 402 shares of the company’s stock worth $27,000 after buying an additional 201 shares during the last quarter. CWM LLC raised its holdings in shares of iShares U.S. Financial Services ETF by 212.6% during the first quarter. CWM LLC now owns 14,882 shares of the company’s stock valued at $987,000 after purchasing an additional 10,121 shares during the last quarter. ICA Group Wealth Management LLC bought a new position in iShares U.S. Financial Services ETF during the fourth quarter valued at approximately $110,000. Salem Investment Counselors Inc. boosted its holdings in iShares U.S. Financial Services ETF by 200.0% in the first quarter. Salem Investment Counselors Inc. now owns 450 shares of the company’s stock worth $30,000 after purchasing an additional 300 shares during the last quarter. Finally, US Bancorp DE grew its position in iShares U.S. Financial Services ETF by 252.0% in the 1st quarter. US Bancorp DE now owns 9,715 shares of the company’s stock worth $644,000 after purchasing an additional 6,955 shares during the period.

iShares U.S. Financial Services ETF Price Performance

NYSEARCA IYG opened at $70.79 on Wednesday. The stock has a market capitalization of $1.43 billion, a price-to-earnings ratio of 5.95 and a beta of 0.91. iShares U.S. Financial Services ETF has a 1-year low of $48.21 and a 1-year high of $71.83. The business’s fifty day moving average price is $68.73 and its 200-day moving average price is $66.31.

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.