Consolidated Capital Management LLC Reduces Position in iShares U.S. Financial Services ETF (NYSEARCA:IYG)

Consolidated Capital Management LLC reduced its position in shares of iShares U.S. Financial Services ETF (NYSEARCA:IYG) by 3.9% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 5,771 shares of the company’s stock after selling 237 shares during the quarter. Consolidated Capital Management LLC’s holdings in iShares U.S. Financial Services ETF were worth $449,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also added to or reduced their stakes in the company. 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 acquiring an additional 38,283 shares in the last quarter. Baltimore Washington Financial Advisors Inc. increased its position in shares of 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 valued at $27,115,000 after buying an additional 8,367 shares during the period. Kozak & Associates Inc. raised its stake in iShares U.S. Financial Services ETF by 4.4% in the fourth quarter. Kozak & Associates Inc. now owns 261,636 shares of the company’s stock worth $20,518,000 after buying an additional 11,087 shares in the last quarter. JPMorgan Chase & Co. lifted its holdings in iShares U.S. Financial Services ETF by 2.2% in 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 during the period. Finally, International Assets Investment Management LLC boosted its position in iShares U.S. Financial Services ETF by 7,787.3% during the 3rd quarter. International Assets Investment Management LLC now owns 260,834 shares of the company’s stock valued at $18,524,000 after acquiring an additional 257,527 shares in the last quarter.

iShares U.S. Financial Services ETF Price Performance

Shares of NYSEARCA IYG opened at $81.43 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 firm has a 50-day moving average of $79.53 and a 200 day moving average of $73.63. The stock has a market cap of $1.64 billion, a P/E ratio of 5.95 and a beta of 0.91.

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.