iShares U.S. Financial Services ETF (NYSEARCA:IYG) Shares Acquired by GAMMA Investing LLC

GAMMA Investing LLC lifted its holdings in shares of iShares U.S. Financial Services ETF (NYSEARCA:IYG) by 200.0% during the 1st quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 927 shares of the company’s stock after acquiring an additional 618 shares during the period. GAMMA Investing LLC’s holdings in iShares U.S. Financial Services ETF were worth $61,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in the business. SRS Capital Advisors Inc. purchased a new position in shares of iShares U.S. Financial Services ETF during the third quarter worth about $27,000. Frazier Financial Advisors LLC acquired a new position in iShares U.S. Financial Services ETF during the fourth quarter worth approximately $29,000. Fortis Group Advisors LLC lifted its stake in iShares U.S. Financial Services ETF by 100.0% in the fourth quarter. Fortis Group Advisors LLC now owns 160 shares of the company’s stock valued at $29,000 after buying an additional 80 shares during the last quarter. Simplex Trading LLC acquired a new stake in shares of iShares U.S. Financial Services ETF in the fourth quarter valued at approximately $43,000. Finally, Keener Financial Planning LLC purchased a new position in shares of iShares U.S. Financial Services ETF during the fourth quarter worth approximately $54,000.

iShares U.S. Financial Services ETF Price Performance

IYG stock opened at $65.02 on Monday. The company has a market cap of $1.31 billion, a price-to-earnings ratio of 5.95 and a beta of 0.91. The company has a fifty day moving average price of $64.94 and a 200 day moving average price of $62.89. iShares U.S. Financial Services ETF has a 12 month low of $48.21 and a 12 month high of $67.11.

About iShares U.S. Financial Services ETF

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.