Jane Street Group LLC bought a new stake in iShares U.S. Financial Services ETF (NYSEARCA:IYG – Free Report) in the third quarter, HoldingsChannel.com reports. The institutional investor bought 35,149 shares of the company’s stock, valued at approximately $2,496,000.
A number of other hedge funds also recently added to or reduced their stakes in IYG. Ashton Thomas Private Wealth LLC acquired a new stake in shares of iShares U.S. Financial Services ETF in the 2nd quarter worth approximately $27,000. Thurston Springer Miller Herd & Titak Inc. acquired a new position in iShares U.S. Financial Services ETF during the third quarter worth $38,000. Carolinas Wealth Consulting LLC boosted its position in iShares U.S. Financial Services ETF by 344.4% during the second quarter. Carolinas Wealth Consulting LLC now owns 600 shares of the company’s stock worth $39,000 after purchasing an additional 465 shares in the last quarter. Capital Investment Advisors LLC acquired a new stake in iShares U.S. Financial Services ETF in the third quarter valued at $201,000. Finally, OneDigital Investment Advisors LLC purchased a new position in shares of iShares U.S. Financial Services ETF in the third quarter valued at $205,000.
iShares U.S. Financial Services ETF Stock Up 1.5 %
NYSEARCA:IYG opened at $77.78 on Monday. iShares U.S. Financial Services ETF has a 52-week low of $57.93 and a 52-week high of $82.77. The stock has a fifty day simple moving average of $78.14 and a 200-day simple moving average of $71.74. The company has a market capitalization of $1.57 billion, a PE ratio of 5.95 and a beta of 0.91.
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.
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Want to see what other hedge funds are holding IYG? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares U.S. Financial Services ETF (NYSEARCA:IYG – Free Report).
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