Mercer Global Advisors Inc. ADV Has $493,000 Stock Holdings in iShares U.S. Financial Services ETF (NYSEARCA:IYG)

Mercer Global Advisors Inc. ADV lowered its position in shares of iShares U.S. Financial Services ETF (NYSEARCA:IYG) by 10.8% in the second quarter, according to the company in its most recent disclosure with the SEC. The firm owned 7,554 shares of the company’s stock after selling 913 shares during the quarter. Mercer Global Advisors Inc. ADV’s holdings in iShares U.S. Financial Services ETF were worth $493,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of IYG. Indiana Trust & Investment Management CO lifted 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 valued at $27,000 after acquiring an additional 201 shares in the last quarter. CWM LLC boosted its position 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 worth $987,000 after buying an additional 10,121 shares during the period. Salem Investment Counselors Inc. grew its holdings in shares of iShares U.S. Financial Services ETF by 200.0% during the first quarter. Salem Investment Counselors Inc. now owns 450 shares of the company’s stock worth $30,000 after buying an additional 300 shares in the last quarter. ICA Group Wealth Management LLC bought a new position in shares of iShares U.S. Financial Services ETF during the fourth quarter worth about $110,000. Finally, US Bancorp DE raised 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 valued at $644,000 after buying an additional 6,955 shares during the last quarter.

iShares U.S. Financial Services ETF Trading Up 0.4 %

Shares of IYG opened at $70.74 on Friday. iShares U.S. Financial Services ETF has a 12 month low of $48.21 and a 12 month high of $71.83. The firm has a fifty day simple moving average of $69.16 and a 200 day simple moving average of $66.66. 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 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.