Quotient Wealth Partners LLC Has $691,000 Position in iShares U.S. Financial Services ETF $IYG

Quotient Wealth Partners LLC boosted its position in iShares U.S. Financial Services ETF (NYSEARCA:IYG) by 235.3% in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 8,336 shares of the company’s stock after purchasing an additional 5,850 shares during the quarter. Quotient Wealth Partners LLC’s holdings in iShares U.S. Financial Services ETF were worth $691,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in IYG. Centerline Wealth Advisors LLC acquired a new position in shares of iShares U.S. Financial Services ETF in the fourth quarter valued at about $4,686,000. Baltimore Washington Financial Advisors Inc. increased its position in iShares U.S. Financial Services ETF by 2.8% during the third quarter. Baltimore Washington Financial Advisors Inc. now owns 404,827 shares of the company’s stock worth $36,289,000 after acquiring an additional 11,164 shares during the period. Cyndeo Wealth Partners LLC acquired a new stake in iShares U.S. Financial Services ETF in the 4th quarter worth about $1,177,000. Private Advisor Group LLC raised its stake in iShares U.S. Financial Services ETF by 4.9% in the 3rd quarter. Private Advisor Group LLC now owns 171,228 shares of the company’s stock worth $15,349,000 after purchasing an additional 8,043 shares in the last quarter. Finally, Unique Wealth LLC acquired a new stake in iShares U.S. Financial Services ETF in the 4th quarter worth about $5,518,000.

iShares U.S. Financial Services ETF Price Performance

NYSEARCA IYG opened at $90.66 on Friday. The firm has a 50-day moving average price of $87.75 and a two-hundred day moving average price of $88.30. iShares U.S. Financial Services ETF has a 12-month low of $79.86 and a 12-month high of $95.75. The company has a market capitalization of $2.07 billion, a P/E ratio of 18.95 and a beta of 0.97.

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.