Bank Hapoalim BM Lowers Stock Holdings in iShares U.S. Financial Services ETF (NYSEARCA:IYG)

Bank Hapoalim BM cut its holdings in iShares U.S. Financial Services ETF (NYSEARCA:IYG) by 3.8% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 8,966 shares of the company’s stock after selling 355 shares during the quarter. Bank Hapoalim BM’s holdings in iShares U.S. Financial Services ETF were worth $637,000 as of its most recent SEC filing.

Other large investors have also made changes to their positions in the company. Ashton Thomas Private Wealth LLC purchased a new position in iShares U.S. Financial Services ETF in the 2nd quarter valued at about $27,000. Thurston Springer Miller Herd & Titak Inc. purchased a new stake in shares of iShares U.S. Financial Services ETF during the third quarter worth approximately $38,000. Carolinas Wealth Consulting LLC increased its position in shares of iShares U.S. Financial Services ETF by 344.4% during the second quarter. Carolinas Wealth Consulting LLC now owns 600 shares of the company’s stock worth $39,000 after purchasing an additional 465 shares in the last quarter. Mather Group LLC. lifted its holdings in iShares U.S. Financial Services ETF by 200.0% in the 2nd quarter. Mather Group LLC. now owns 606 shares of the company’s stock valued at $40,000 after purchasing an additional 404 shares in the last quarter. Finally, Advisors Preferred LLC acquired a new stake in iShares U.S. Financial Services ETF during the 1st quarter worth $58,000.

iShares U.S. Financial Services ETF Stock Performance

Shares of NYSEARCA IYG traded down $0.14 during mid-day trading on Thursday, reaching $74.60. The company’s stock had a trading volume of 1,106 shares, compared to its average volume of 52,829. The stock has a 50-day moving average of $71.62 and a two-hundred day moving average of $67.96. The stock has a market capitalization of $1.51 billion, a P/E ratio of 5.95 and a beta of 0.91. iShares U.S. Financial Services ETF has a 1-year low of $49.20 and a 1-year high of $75.48.

iShares U.S. Financial Services ETF Company 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.