EP Wealth Advisors LLC Makes New $106,000 Investment in iShares U.S. Financial Services ETF (NYSEARCA:IYG)

EP Wealth Advisors LLC bought a new position in iShares U.S. Financial Services ETF (NYSEARCA:IYG) during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 589 shares of the company’s stock, valued at approximately $106,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Modera Wealth Management LLC bought a new position in shares of iShares U.S. Financial Services ETF during the 3rd quarter worth $44,842,000. International Assets Investment Management LLC bought a new position in shares of iShares U.S. Financial Services ETF during the 4th quarter worth $19,035,000. Truist Financial Corp grew its position in shares of iShares U.S. Financial Services ETF by 4.4% during the 4th quarter. Truist Financial Corp now owns 62,691 shares of the company’s stock worth $11,235,000 after buying an additional 2,659 shares in the last quarter. Arkansas Financial Group Inc. grew its position in shares of iShares U.S. Financial Services ETF by 0.3% during the 4th quarter. Arkansas Financial Group Inc. now owns 48,016 shares of the company’s stock worth $8,605,000 after buying an additional 145 shares in the last quarter. Finally, SAM Advisors LLC grew its position in shares of iShares U.S. Financial Services ETF by 0.5% during the 4th quarter. SAM Advisors LLC now owns 41,210 shares of the company’s stock worth $7,385,000 after buying an additional 210 shares in the last quarter.

iShares U.S. Financial Services ETF Trading Up 0.4 %

IYG opened at $65.25 on Friday. iShares U.S. Financial Services ETF has a 12-month low of $48.21 and a 12-month high of $67.11. The business’s fifty day simple moving average is $64.90 and its 200-day simple moving average is $62.74. The company has a market capitalization of $1.32 billion, a price-to-earnings ratio of 5.95 and a beta of 0.91.

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.