iShares U.S. Financial Services ETF (NYSEARCA:IYG – Get Free Report) saw an uptick in trading volume on Thursday. Approximately 477,272 shares traded hands during trading, an increase of 329% from the previous session’s volume of 111,237 shares. The stock last traded at $90.9780 and had previously closed at $90.43.
iShares U.S. Financial Services ETF Stock Performance
The firm has a market cap of $2.12 billion, a price-to-earnings ratio of 18.95 and a beta of 0.98. The business’s 50-day moving average is $95.40 and its 200-day moving average is $91.05.
Institutional Inflows and Outflows
Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Avidian Wealth Enterprises LLC acquired a new stake in iShares U.S. Financial Services ETF in the 3rd quarter valued at about $334,000. Rosenberg Matthew Hamilton bought a new position in iShares U.S. Financial Services ETF in the 3rd quarter valued at $81,000. Ferguson Wellman Capital Management Inc. acquired a new position in iShares U.S. Financial Services ETF during the 3rd quarter valued at about $13,232,000. CX Institutional bought a new position in shares of iShares U.S. Financial Services ETF during the 3rd quarter valued at about $27,000. Finally, Roxbury Financial LLC bought a new position in shares of iShares U.S. Financial Services ETF during the 3rd quarter valued at about $27,000.
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. 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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