iShares U.S. Financial Services ETF $IYG Shares Bought by AMG National Trust Bank

AMG National Trust Bank raised its position in iShares U.S. Financial Services ETF (NYSEARCA:IYG) by 95.3% during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 17,968 shares of the company’s stock after purchasing an additional 8,767 shares during the quarter. AMG National Trust Bank’s holdings in iShares U.S. Financial Services ETF were worth $1,488,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also modified their holdings of the company. Lido Advisors LLC grew its holdings in shares of iShares U.S. Financial Services ETF by 3.7% during the 3rd quarter. Lido Advisors LLC now owns 3,336 shares of the company’s stock worth $299,000 after purchasing an additional 120 shares during the period. Capital Advisors Ltd. LLC raised its holdings in iShares U.S. Financial Services ETF by 49.8% in the first quarter. Capital Advisors Ltd. LLC now owns 379 shares of the company’s stock valued at $31,000 after buying an additional 126 shares during the period. Comerica Bank lifted its position in iShares U.S. Financial Services ETF by 0.5% during the third quarter. Comerica Bank now owns 27,416 shares of the company’s stock valued at $2,458,000 after buying an additional 131 shares in the last quarter. O Shaughnessy Asset Management LLC lifted its position in iShares U.S. Financial Services ETF by 9.3% during the fourth quarter. O Shaughnessy Asset Management LLC now owns 1,756 shares of the company’s stock valued at $162,000 after buying an additional 150 shares in the last quarter. Finally, Smartleaf Asset Management LLC lifted its position in iShares U.S. Financial Services ETF by 47.8% during the fourth quarter. Smartleaf Asset Management LLC now owns 594 shares of the company’s stock valued at $55,000 after buying an additional 192 shares in the last quarter.

iShares U.S. Financial Services ETF Stock Up 1.0%

IYG opened at $95.59 on Thursday. iShares U.S. Financial Services ETF has a 52-week low of $79.86 and a 52-week high of $95.94. The company has a 50 day moving average of $89.58 and a two-hundred day moving average of $88.41. The company has a market cap of $2.09 billion, a P/E ratio of 18.95 and a beta of 0.96.

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. 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.