iShares U.S. Financial Services ETF (NYSEARCA:IYG) Shares Sold by B. Riley Wealth Advisors Inc.

B. Riley Wealth Advisors Inc. cut its stake in shares of iShares U.S. Financial Services ETF (NYSEARCA:IYG) by 20.2% during the 4th quarter, according to its most recent filing with the SEC. The institutional investor owned 2,803 shares of the company’s stock after selling 711 shares during the period. B. Riley Wealth Advisors Inc.’s holdings in iShares U.S. Financial Services ETF were worth $502,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. SRS Capital Advisors Inc. acquired a new stake in shares of iShares U.S. Financial Services ETF during the third quarter valued at about $27,000. Frazier Financial Advisors LLC acquired a new stake in iShares U.S. Financial Services ETF during the 4th quarter valued at approximately $29,000. Fortis Group Advisors LLC increased its holdings in iShares U.S. Financial Services ETF by 100.0% during the 4th quarter. Fortis Group Advisors LLC now owns 160 shares of the company’s stock worth $29,000 after purchasing an additional 80 shares during the last quarter. Simplex Trading LLC acquired a new position in shares of iShares U.S. Financial Services ETF in the 4th 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 4th quarter valued at approximately $54,000.

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

Shares of NYSEARCA:IYG opened at $65.02 on Monday. The firm has a market cap of $1.31 billion, a PE ratio of 5.95 and a beta of 0.91. The company has a fifty day simple moving average of $64.94 and a 200 day simple moving average 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.

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.