J.W. Cole Advisors Inc. Sells 356 Shares of iShares U.S. Financial Services ETF (NYSEARCA:IYG)

J.W. Cole Advisors Inc. lowered its stake in shares of iShares U.S. Financial Services ETF (NYSEARCA:IYG) by 0.6% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 61,239 shares of the company’s stock after selling 356 shares during the quarter. J.W. Cole Advisors Inc.’s holdings in iShares U.S. Financial Services ETF were worth $4,349,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in the stock. Wealth Enhancement Advisory Services LLC grew its position in iShares U.S. Financial Services ETF by 6.5% during the third quarter. Wealth Enhancement Advisory Services LLC now owns 3,507 shares of the company’s stock worth $249,000 after buying an additional 213 shares in the last quarter. Carnegie Investment Counsel grew its position in iShares U.S. Financial Services ETF by 5.2% during the third quarter. Carnegie Investment Counsel now owns 5,188 shares of the company’s stock worth $368,000 after buying an additional 255 shares in the last quarter. AMG National Trust Bank grew its position in iShares U.S. Financial Services ETF by 3.0% during the second quarter. AMG National Trust Bank now owns 9,212 shares of the company’s stock worth $601,000 after buying an additional 272 shares in the last quarter. GAMMA Investing LLC grew its position in iShares U.S. Financial Services ETF by 42.7% during the second quarter. GAMMA Investing LLC now owns 1,323 shares of the company’s stock worth $86,000 after buying an additional 396 shares in the last quarter. Finally, Mather Group LLC. grew its position in iShares U.S. Financial Services ETF by 200.0% during the second quarter. Mather Group LLC. now owns 606 shares of the company’s stock worth $40,000 after buying an additional 404 shares in the last quarter.

iShares U.S. Financial Services ETF Price Performance

NYSEARCA:IYG traded down $0.72 during trading hours on Friday, reaching $73.69. 24,593 shares of the company were exchanged, compared to its average volume of 52,995. The company has a market capitalization of $1.49 billion, a P/E ratio of 5.95 and a beta of 0.91. iShares U.S. Financial Services ETF has a 1-year low of $48.21 and a 1-year high of $75.48. The business has a 50 day moving average of $71.28 and a 200 day moving average of $67.72.

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.