iShares U.S. Financial Services ETF $IYG Shares Sold by Unique Wealth LLC

Unique Wealth LLC lowered its position in iShares U.S. Financial Services ETF (NYSEARCA:IYG) by 13.6% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 66,997 shares of the company’s stock after selling 10,518 shares during the quarter. Unique Wealth LLC owned approximately 0.29% of iShares U.S. Financial Services ETF worth $6,061,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in IYG. XP Advisory US Inc. acquired a new stake in shares of iShares U.S. Financial Services ETF in the 2nd quarter valued at $402,000. Highland Investment Advisors LLC acquired a new position in shares of iShares U.S. Financial Services ETF during the second quarter worth $34,000. Focus Financial Network Inc. grew its stake in shares of iShares U.S. Financial Services ETF by 4.8% during the second quarter. Focus Financial Network Inc. now owns 23,235 shares of the company’s stock worth $2,102,000 after purchasing an additional 1,061 shares in the last quarter. Clark Asset Management LLC purchased a new position in iShares U.S. Financial Services ETF in the second quarter valued at $238,000. Finally, GAMMA Investing LLC increased its holdings in iShares U.S. Financial Services ETF by 38.7% in the second quarter. GAMMA Investing LLC now owns 2,123 shares of the company’s stock valued at $192,000 after buying an additional 592 shares during the last quarter.

iShares U.S. Financial Services ETF Price Performance

iShares U.S. Financial Services ETF stock opened at $97.97 on Friday. iShares U.S. Financial Services ETF has a 1-year low of $79.86 and a 1-year high of $98.66. The stock has a market cap of $2.23 billion, a PE ratio of 18.95 and a beta of 0.96. The stock’s fifty day moving average is $95.69 and its two-hundred day moving average is $89.69.

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.