Private Trust Co. NA Grows Position in iShares U.S. Financial Services ETF (NYSEARCA:IYG)

Private Trust Co. NA increased its position in iShares U.S. Financial Services ETF (NYSEARCA:IYG) by 103.5% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,160 shares of the company’s stock after purchasing an additional 590 shares during the period. Private Trust Co. NA’s holdings in iShares U.S. Financial Services ETF were worth $90,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in the company. Roxbury Financial LLC purchased a new stake in shares of iShares U.S. Financial Services ETF in the 4th quarter worth about $25,000. Financial Avengers Inc. bought a new position in shares of iShares U.S. Financial Services ETF during the third quarter valued at approximately $28,000. Comprehensive Financial Planning Inc. PA purchased a new position in shares of iShares U.S. Financial Services ETF during the fourth quarter valued at approximately $50,000. EP Wealth Advisors LLC lifted its holdings in shares of iShares U.S. Financial Services ETF by 28.2% during the third quarter. EP Wealth Advisors LLC now owns 2,247 shares of the company’s stock valued at $160,000 after purchasing an additional 494 shares during the last quarter. Finally, Magnus Financial Group LLC bought a new stake in shares of iShares U.S. Financial Services ETF in the 4th quarter worth approximately $205,000.

iShares U.S. Financial Services ETF Stock Down 3.8 %

IYG stock opened at $79.35 on Wednesday. The business has a 50 day moving average of $81.38 and a 200 day moving average of $77.13. The firm has a market cap of $1.60 billion, a PE ratio of 17.45 and a beta of 0.91. iShares U.S. Financial Services ETF has a twelve month low of $62.13 and a twelve month high of $84.91.

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.