Register Financial Advisors LLC Acquires 2,962 Shares of iShares U.S. Financial Services ETF (NYSEARCA:IYG)

Register Financial Advisors LLC lifted its holdings in iShares U.S. Financial Services ETF (NYSEARCA:IYG) by 200.7% in the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 4,438 shares of the company’s stock after buying an additional 2,962 shares during the quarter. Register Financial Advisors LLC’s holdings in iShares U.S. Financial Services ETF were worth $294,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the stock. Indiana Trust & Investment Management CO increased its position in iShares U.S. Financial Services ETF by 100.0% in the 1st quarter. Indiana Trust & Investment Management CO now owns 402 shares of the company’s stock valued at $27,000 after acquiring an additional 201 shares in the last quarter. Arkansas Financial Group Inc. increased its holdings in shares of iShares U.S. Financial Services ETF by 193.2% in the first quarter. Arkansas Financial Group Inc. now owns 140,769 shares of the company’s stock valued at $9,333,000 after purchasing an additional 92,753 shares in the last quarter. Signet Financial Management LLC raised its position in iShares U.S. Financial Services ETF by 209.4% in the 1st quarter. Signet Financial Management LLC now owns 3,735 shares of the company’s stock worth $248,000 after purchasing an additional 2,528 shares during the last quarter. Sunbelt Securities Inc. lifted its holdings in iShares U.S. Financial Services ETF by 165.2% during the 1st quarter. Sunbelt Securities Inc. now owns 9,517 shares of the company’s stock worth $631,000 after buying an additional 5,928 shares in the last quarter. Finally, AdvisorNet Financial Inc boosted its position in iShares U.S. Financial Services ETF by 172.1% in the 1st quarter. AdvisorNet Financial Inc now owns 2,637 shares of the company’s stock valued at $175,000 after buying an additional 1,668 shares during the last quarter.

iShares U.S. Financial Services ETF Stock Up 0.8 %

IYG stock opened at $65.21 on Friday. iShares U.S. Financial Services ETF has a twelve month low of $48.21 and a twelve month high of $67.11. The company has a market cap of $1.32 billion, a P/E ratio of 5.95 and a beta of 0.91. The business has a fifty day moving average of $65.18 and a 200-day moving average of $63.11.

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.