iShares U.S. Financial Services ETF (NYSEARCA:IYG) is SAM Advisors LLC’s 8th Largest Position

SAM Advisors LLC trimmed its holdings in iShares U.S. Financial Services ETF (NYSEARCA:IYG) by 0.9% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 120,311 shares of the company’s stock after selling 1,100 shares during the period. iShares U.S. Financial Services ETF makes up 3.1% of SAM Advisors LLC’s investment portfolio, making the stock its 8th biggest holding. SAM Advisors LLC’s holdings in iShares U.S. Financial Services ETF were worth $8,544,000 as of its most recent SEC filing.

Other hedge funds have also bought and sold shares of the company. Envestnet Asset Management Inc. lifted its holdings in shares of iShares U.S. Financial Services ETF by 12.0% during the 2nd quarter. Envestnet Asset Management Inc. now owns 1,509,858 shares of the company’s stock worth $98,458,000 after acquiring an additional 161,646 shares during the last quarter. RiverFront Investment Group LLC lifted its holdings in shares of iShares U.S. Financial Services ETF by 2.7% during the 2nd 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. Raymond James & Associates lifted its holdings in shares of iShares U.S. Financial Services ETF by 14.5% during the 2nd quarter. Raymond James & Associates now owns 564,529 shares of the company’s stock worth $36,813,000 after acquiring an additional 71,320 shares during the last quarter. Baltimore Washington Financial Advisors Inc. lifted its holdings in shares of iShares U.S. Financial Services ETF by 3.4% during the 2nd quarter. Baltimore Washington Financial Advisors Inc. now owns 373,427 shares of the company’s stock worth $24,351,000 after acquiring an additional 12,314 shares during the last quarter. Finally, International Assets Investment Management LLC lifted its holdings in shares of 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 worth $18,524,000 after acquiring an additional 257,527 shares during the last quarter.

iShares U.S. Financial Services ETF Stock Performance

NYSEARCA IYG opened at $79.63 on Thursday. iShares U.S. Financial Services ETF has a 52-week low of $52.91 and a 52-week high of $80.50. The company has a market capitalization of $1.61 billion, a P/E ratio of 5.95 and a beta of 0.91. The company has a fifty day moving average of $72.73 and a 200-day moving average of $68.82.

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.