9,492 Shares of iShares U.S. Financial Services ETF $IYG Bought by Oppenheimer & Co. Inc.

Oppenheimer & Co. Inc. purchased a new position in shares of iShares U.S. Financial Services ETF (NYSEARCA:IYG) during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm purchased 9,492 shares of the company’s stock, valued at approximately $854,000.

A number of other hedge funds and other institutional investors have also modified their holdings of IYG. D.A. Davidson & CO. raised its position in shares of iShares U.S. Financial Services ETF by 4.1% in the first quarter. D.A. Davidson & CO. now owns 4,786 shares of the company’s stock valued at $396,000 after buying an additional 188 shares during the last quarter. Chicago Partners Investment Group LLC boosted its position in iShares U.S. Financial Services ETF by 7.2% during the first quarter. Chicago Partners Investment Group LLC now owns 3,786 shares of the company’s stock worth $333,000 after acquiring an additional 255 shares during the last quarter. CX Institutional purchased a new stake in iShares U.S. Financial Services ETF in the 3rd quarter worth approximately $27,000. Roxbury Financial LLC purchased a new stake in iShares U.S. Financial Services ETF in the 3rd quarter worth approximately $27,000. Finally, Y.D. More Investments Ltd grew its stake in iShares U.S. Financial Services ETF by 53.8% in the 1st quarter. Y.D. More Investments Ltd now owns 1,000 shares of the company’s stock worth $80,000 after acquiring an additional 350 shares during the period.

iShares U.S. Financial Services ETF Stock Performance

Shares of IYG opened at $95.42 on Wednesday. The stock has a fifty day moving average of $93.95 and a two-hundred day moving average of $90.51. The company has a market capitalization of $2.27 billion, a PE ratio of 16.62 and a beta of 0.97. iShares U.S. Financial Services ETF has a fifty-two week low of $79.86 and a fifty-two week high of $98.66.

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.