iShares U.S. Financial Services ETF (NYSEARCA:IYG) Shares Sold by Arkansas Financial Group Inc.

Arkansas Financial Group Inc. lowered its stake in iShares U.S. Financial Services ETF (NYSEARCA:IYG) by 10.6% during the fourth quarter, Holdings Channel.com reports. The fund owned 123,993 shares of the company’s stock after selling 14,708 shares during the quarter. iShares U.S. Financial Services ETF comprises 1.6% of Arkansas Financial Group Inc.’s investment portfolio, making the stock its 17th biggest position. Arkansas Financial Group Inc.’s holdings in iShares U.S. Financial Services ETF were worth $9,648,000 as of its most recent SEC filing.

A number of other large investors also recently added to or reduced their stakes in IYG. RiverFront Investment Group LLC boosted its stake in shares of 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 worth $94,440,000 after acquiring an additional 38,283 shares during the last quarter. Baltimore Washington Financial Advisors Inc. lifted its holdings in iShares U.S. Financial Services ETF by 2.2% in the 3rd quarter. Baltimore Washington Financial Advisors Inc. now owns 381,794 shares of the company’s stock valued at $27,115,000 after purchasing an additional 8,367 shares in the last quarter. Kozak & Associates Inc. boosted its stake in iShares U.S. Financial Services ETF by 4.4% during the 4th quarter. Kozak & Associates Inc. now owns 261,636 shares of the company’s stock worth $20,518,000 after purchasing an additional 11,087 shares during the last quarter. JPMorgan Chase & Co. grew its holdings in shares of iShares U.S. Financial Services ETF by 2.2% during the third quarter. JPMorgan Chase & Co. now owns 261,570 shares of the company’s stock worth $18,577,000 after buying an additional 5,590 shares in the last quarter. Finally, International Assets Investment Management LLC raised its position in shares of 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 buying an additional 257,527 shares during the last quarter.

iShares U.S. Financial Services ETF Trading Up 0.7 %

IYG opened at $82.62 on Friday. iShares U.S. Financial Services ETF has a twelve month low of $60.00 and a twelve month high of $82.77. The firm has a market capitalization of $1.67 billion, a PE ratio of 5.95 and a beta of 0.91. The firm’s 50-day moving average price is $79.65 and its 200 day moving average price is $73.91.

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.