Howard Capital Management Group LLC Purchases New Shares in iShares U.S. Financial Services ETF $IYG

Howard Capital Management Group LLC acquired a new position in iShares U.S. Financial Services ETF (NYSEARCA:IYG) during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund acquired 92,921 shares of the company’s stock, valued at approximately $8,356,000. iShares U.S. Financial Services ETF comprises approximately 0.5% of Howard Capital Management Group LLC’s portfolio, making the stock its 29th biggest holding. Howard Capital Management Group LLC owned 0.39% of iShares U.S. Financial Services ETF as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also added to or reduced their stakes in IYG. Roxbury Financial LLC bought a new position in shares of iShares U.S. Financial Services ETF during the 3rd quarter valued at approximately $27,000. CX Institutional purchased a new position in shares of iShares U.S. Financial Services ETF in the third quarter valued at $27,000. Capital Advisors Ltd. LLC grew its holdings in shares of 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 purchasing an additional 126 shares in the last quarter. Highland Investment Advisors LLC purchased a new position in shares of iShares U.S. Financial Services ETF in the second quarter valued at $34,000. Finally, Western Wealth Management LLC purchased a new stake in iShares U.S. Financial Services ETF during the first quarter valued at $43,000.

iShares U.S. Financial Services ETF Stock Performance

IYG stock traded up $0.21 during trading on Friday, hitting $92.72. 539,697 shares of the company’s stock traded hands, compared to its average volume of 119,084. iShares U.S. Financial Services ETF has a 52 week low of $79.86 and a 52 week high of $98.66. The business has a fifty day simple moving average of $94.76 and a 200 day simple moving average of $91.48. The stock has a market capitalization of $2.23 billion, a price-to-earnings ratio of 18.95 and a beta of 0.98.

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.