JPMorgan Chase & Co. Purchases 9,337 Shares of iShares U.S. Financial Services ETF $IYG

JPMorgan Chase & Co. raised its holdings in shares of iShares U.S. Financial Services ETF (NYSEARCA:IYG) by 3.1% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 308,166 shares of the company’s stock after purchasing an additional 9,337 shares during the period. JPMorgan Chase & Co. owned 1.43% of iShares U.S. Financial Services ETF worth $27,624,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors also recently modified their holdings of the company. PGIM Custom Harvest LLC lifted its holdings in iShares U.S. Financial Services ETF by 42.2% in the second quarter. PGIM Custom Harvest LLC now owns 305,036 shares of the company’s stock valued at $26,111,000 after buying an additional 90,472 shares during the period. Envestnet Asset Management Inc. raised its position in shares of iShares U.S. Financial Services ETF by 2.1% during the 3rd quarter. Envestnet Asset Management Inc. now owns 1,323,623 shares of the company’s stock valued at $118,650,000 after acquiring an additional 27,298 shares during the last quarter. Foundations Investment Advisors LLC lifted its stake in shares of iShares U.S. Financial Services ETF by 4.2% in the 2nd quarter. Foundations Investment Advisors LLC now owns 505,496 shares of the company’s stock valued at $43,270,000 after purchasing an additional 20,565 shares during the period. Advisory Services Network LLC lifted its stake in shares of iShares U.S. Financial Services ETF by 43.8% in the 2nd quarter. Advisory Services Network LLC now owns 28,084 shares of the company’s stock valued at $2,444,000 after purchasing an additional 8,549 shares during the period. Finally, Scotia Capital Inc. boosted its position in shares of iShares U.S. Financial Services ETF by 8.2% in the 2nd quarter. Scotia Capital Inc. now owns 72,676 shares of the company’s stock worth $6,221,000 after purchasing an additional 5,533 shares during the last quarter.

iShares U.S. Financial Services ETF Stock Down 2.6%

Shares of iShares U.S. Financial Services ETF stock opened at $85.93 on Friday. The business has a fifty day simple moving average of $90.96 and a 200 day simple moving average of $89.59. The stock has a market cap of $1.96 billion, a PE ratio of 18.95 and a beta of 1.11. iShares U.S. Financial Services ETF has a 12 month low of $65.98 and a 12 month high of $95.75.

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. It is a subset of the Dow Jones U.S. Financials Index. The Underlying Index includes components of subsectors in the Dow Jones U.S.