iShares U.S. Financial Services ETF (NYSEARCA:IYG) Shares Sold by Sanctuary Advisors LLC

Sanctuary Advisors LLC lowered its stake in shares of iShares U.S. Financial Services ETF (NYSEARCA:IYG) by 57.4% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 6,298 shares of the company’s stock after selling 8,488 shares during the quarter. Sanctuary Advisors LLC’s holdings in iShares U.S. Financial Services ETF were worth $447,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also modified their holdings of IYG. Envestnet Asset Management Inc. grew its stake in shares of iShares U.S. Financial Services ETF by 12.0% during the second quarter. Envestnet Asset Management Inc. now owns 1,509,858 shares of the company’s stock worth $98,458,000 after purchasing an additional 161,646 shares in the last quarter. RiverFront Investment Group LLC raised its position in shares of iShares U.S. Financial Services ETF by 2.7% during the 2nd quarter. RiverFront Investment Group LLC now owns 1,448,241 shares of the company’s stock worth $94,440,000 after acquiring an additional 38,283 shares in the last quarter. Baltimore Washington Financial Advisors Inc. lifted its stake in iShares U.S. Financial Services ETF by 2.2% during the third quarter. Baltimore Washington Financial Advisors Inc. now owns 381,794 shares of the company’s stock worth $27,115,000 after purchasing an additional 8,367 shares during the last quarter. International Assets Investment Management LLC boosted its holdings in iShares U.S. Financial Services ETF by 7,787.3% in the third quarter. International Assets Investment Management LLC now owns 260,834 shares of the company’s stock valued at $18,524,000 after purchasing an additional 257,527 shares in the last quarter. Finally, Captrust Financial Advisors increased its stake in iShares U.S. Financial Services ETF by 16.2% in the third quarter. Captrust Financial Advisors now owns 184,956 shares of the company’s stock valued at $13,136,000 after purchasing an additional 25,802 shares during the last quarter.

iShares U.S. Financial Services ETF Trading Up 0.2 %

Shares of NYSEARCA:IYG opened at $79.17 on Friday. The firm has a 50 day simple moving average of $78.49 and a 200-day simple moving average of $72.03. iShares U.S. Financial Services ETF has a twelve month low of $57.93 and a twelve month high of $82.77. The company has a market capitalization of $1.60 billion, a PE 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.