Captrust Financial Advisors Increases Stock Holdings in iShares U.S. Financial Services ETF (NYSEARCA:IYG)

Captrust Financial Advisors boosted its position in shares of iShares U.S. Financial Services ETF (NYSEARCA:IYG) by 16.2% in the 3rd quarter, Holdings Channel.com reports. The fund owned 184,956 shares of the company’s stock after purchasing an additional 25,802 shares during the period. Captrust Financial Advisors’ holdings in iShares U.S. Financial Services ETF were worth $13,136,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of the company. Ashton Thomas Private Wealth LLC bought a new position in iShares U.S. Financial Services ETF in the 2nd quarter worth about $27,000. Thurston Springer Miller Herd & Titak Inc. purchased a new stake in iShares U.S. Financial Services ETF in the third quarter valued at approximately $38,000. Carolinas Wealth Consulting LLC lifted its position in 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 valued at $39,000 after purchasing an additional 465 shares during the last quarter. Mather Group LLC. grew its stake 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 worth $40,000 after buying an additional 404 shares in the last quarter. Finally, GAMMA Investing LLC increased its holdings in shares of iShares U.S. Financial Services ETF by 42.7% in the 2nd quarter. GAMMA Investing LLC now owns 1,323 shares of the company’s stock worth $86,000 after buying an additional 396 shares during the last quarter.

iShares U.S. Financial Services ETF Stock Performance

iShares U.S. Financial Services ETF stock opened at $82.34 on Monday. iShares U.S. Financial Services ETF has a fifty-two week low of $55.30 and a fifty-two week high of $82.77. The firm’s fifty day moving average price is $75.52 and its 200-day moving average price is $70.27. The stock has a market cap of $1.66 billion, a P/E 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.