iShares U.S. Financial Services ETF (NYSEARCA:IYG – Get Free Report) saw an uptick in trading volume on Friday . 642,664 shares were traded during trading, an increase of 442% from the previous session’s volume of 118,487 shares.The stock last traded at $93.51 and had previously closed at $93.39.
iShares U.S. Financial Services ETF Stock Up 0.2%
The company’s 50-day moving average is $89.03 and its 200 day moving average is $88.39. The company has a market cap of $2.04 billion, a price-to-earnings ratio of 18.95 and a beta of 0.96.
Hedge Funds Weigh In On iShares U.S. Financial Services ETF
Several institutional investors and hedge funds have recently modified their holdings of the business. Triumph Capital Management acquired a new position in iShares U.S. Financial Services ETF in the 3rd quarter worth about $26,000. Annis Gardner Whiting Capital Advisors LLC purchased a new position in iShares U.S. Financial Services ETF during the fourth quarter worth approximately $28,000. Farther Finance Advisors LLC acquired a new stake in iShares U.S. Financial Services ETF in the fourth quarter valued at approximately $29,000. Capital Advisors Ltd. LLC increased its holdings in iShares U.S. Financial Services ETF by 49.8% in the 1st quarter. Capital Advisors Ltd. LLC now owns 379 shares of the company’s stock worth $31,000 after acquiring an additional 126 shares in the last quarter. Finally, Merrithew & Thorsten Inc purchased a new stake in shares of iShares U.S. Financial Services ETF during the fourth quarter worth about $39,000.
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.
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