Jane Street Group LLC Takes $2.50 Million Position in iShares U.S. Financial Services ETF (NYSEARCA:IYG)

Jane Street Group LLC bought a new position in shares of iShares U.S. Financial Services ETF (NYSEARCA:IYG) during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor bought 35,149 shares of the company’s stock, valued at approximately $2,496,000. Jane Street Group LLC owned approximately 0.17% of iShares U.S. Financial Services ETF at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently bought and sold shares of IYG. International Assets Investment Management LLC boosted its position in iShares U.S. Financial Services ETF by 7,787.3% in the 3rd quarter. International Assets Investment Management LLC now owns 260,834 shares of the company’s stock valued at $18,524,000 after buying an additional 257,527 shares during the period. Envestnet Asset Management Inc. boosted its holdings in iShares U.S. Financial Services ETF by 12.0% in the second quarter. Envestnet Asset Management Inc. now owns 1,509,858 shares of the company’s stock valued at $98,458,000 after purchasing an additional 161,646 shares during the period. RiverFront Investment Group LLC boosted its holdings in iShares U.S. Financial Services ETF by 2.7% in the second quarter. RiverFront Investment Group LLC now owns 1,448,241 shares of the company’s stock valued at $94,440,000 after purchasing an additional 38,283 shares during the period. IHT Wealth Management LLC grew its stake in iShares U.S. Financial Services ETF by 107.2% during the 3rd quarter. IHT Wealth Management LLC now owns 50,463 shares of the company’s stock worth $3,575,000 after purchasing an additional 26,104 shares in the last quarter. Finally, Captrust Financial Advisors increased its holdings in iShares U.S. Financial Services ETF by 16.2% during the 3rd quarter. Captrust Financial Advisors now owns 184,956 shares of the company’s stock worth $13,136,000 after purchasing an additional 25,802 shares during the period.

iShares U.S. Financial Services ETF Stock Performance

Shares of IYG opened at $77.78 on Monday. iShares U.S. Financial Services ETF has a 1 year low of $57.93 and a 1 year high of $82.77. The stock has a market capitalization of $1.57 billion, a PE ratio of 5.95 and a beta of 0.91. The stock has a 50-day simple moving average of $78.14 and a 200-day simple moving average of $71.74.

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.