Pointe Capital Management LLC Buys Shares of 2,676 iShares U.S. Financial Services ETF (NYSEARCA:IYG)

Pointe Capital Management LLC purchased a new position in shares of iShares U.S. Financial Services ETF (NYSEARCA:IYGFree Report) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 2,676 shares of the company’s stock, valued at approximately $208,000.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Roxbury Financial LLC acquired a new stake in shares of iShares U.S. Financial Services ETF during the fourth quarter worth about $25,000. Financial Avengers Inc. acquired a new stake in iShares U.S. Financial Services ETF in the 3rd quarter valued at about $28,000. Comprehensive Financial Planning Inc. PA purchased a new position in shares of iShares U.S. Financial Services ETF in the 4th quarter valued at about $50,000. EP Wealth Advisors LLC grew its position in shares of iShares U.S. Financial Services ETF by 28.2% during the third quarter. EP Wealth Advisors LLC now owns 2,247 shares of the company’s stock worth $160,000 after buying an additional 494 shares in the last quarter. Finally, OneDigital Investment Advisors LLC purchased a new stake in shares of iShares U.S. Financial Services ETF during the third quarter worth approximately $205,000.

iShares U.S. Financial Services ETF Stock Down 0.5 %

Shares of iShares U.S. Financial Services ETF stock opened at $81.55 on Wednesday. The company has a market capitalization of $1.65 billion, a P/E ratio of 17.45 and a beta of 0.91. The company has a 50 day moving average of $80.96 and a 200 day moving average of $76.63. iShares U.S. Financial Services ETF has a 52-week low of $62.13 and a 52-week high of $84.91.

iShares U.S. Financial Services ETF Company Profile

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for iShares U.S. Financial Services ETF (NYSEARCA:IYG)

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