Sigma Planning Corp Makes New Investment in iShares U.S. Financial Services ETF (NYSEARCA:IYG)

Sigma Planning Corp purchased a new stake in shares of iShares U.S. Financial Services ETF (NYSEARCA:IYG) during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 2,909 shares of the company’s stock, valued at approximately $207,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Ashton Thomas Private Wealth LLC bought a new stake in shares of iShares U.S. Financial Services ETF in the second quarter worth approximately $27,000. Thurston Springer Miller Herd & Titak Inc. purchased a new stake in iShares U.S. Financial Services ETF in the third quarter worth approximately $38,000. Carolinas Wealth Consulting LLC grew its position in iShares U.S. Financial Services ETF by 344.4% in the 2nd quarter. Carolinas Wealth Consulting LLC now owns 600 shares of the company’s stock worth $39,000 after purchasing an additional 465 shares during the period. Mather Group LLC. raised its stake in iShares U.S. Financial Services ETF by 200.0% during the 2nd quarter. Mather Group LLC. now owns 606 shares of the company’s stock valued at $40,000 after buying an additional 404 shares during the last quarter. Finally, GAMMA Investing LLC lifted its holdings in shares of iShares U.S. Financial Services ETF by 42.7% during the 2nd quarter. GAMMA Investing LLC now owns 1,323 shares of the company’s stock valued at $86,000 after buying an additional 396 shares during the period.

iShares U.S. Financial Services ETF Price Performance

Shares of IYG opened at $79.99 on Monday. The firm has a market capitalization of $1.62 billion, a P/E ratio of 5.95 and a beta of 0.91. iShares U.S. Financial Services ETF has a one year low of $53.69 and a one year high of $80.50. The business has a fifty day moving average of $73.31 and a 200 day moving average of $69.11.

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.