iShares U.S. Financial Services ETF (NYSEARCA:IYG – Get Free Report) shares saw strong trading volume on Friday . 452,721 shares were traded during mid-day trading, an increase of 591% from the previous session’s volume of 65,551 shares.The stock last traded at $69.96 and had previously closed at $74.41.
iShares U.S. Financial Services ETF Stock Performance
The company has a market cap of $1.49 billion, a P/E ratio of 16.68 and a beta of 1.17. The business’s 50-day moving average price is $80.50 and its 200 day moving average price is $78.26.
Institutional Trading of iShares U.S. Financial Services ETF
A number of hedge funds have recently made changes to their positions in the business. Roxbury Financial LLC bought a new stake in shares of iShares U.S. Financial Services ETF during the 4th quarter worth about $25,000. Financial Avengers Inc. acquired a new stake in iShares U.S. Financial Services ETF during the third quarter worth approximately $28,000. Comprehensive Financial Planning Inc. PA bought a new stake in shares of iShares U.S. Financial Services ETF during the fourth quarter worth approximately $50,000. Hopwood Financial Services Inc. acquired a new position in shares of iShares U.S. Financial Services ETF in the fourth quarter valued at approximately $55,000. Finally, SRS Capital Advisors Inc. increased its stake in shares of iShares U.S. Financial Services ETF by 63.4% during the fourth quarter. SRS Capital Advisors Inc. now owns 858 shares of the company’s stock worth $67,000 after purchasing an additional 333 shares during the period.
iShares U.S. Financial Services ETF Company 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.
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