Diversified Enterprises LLC Sells 648 Shares of iShares U.S. Financial Services ETF (NYSEARCA:IYG)

Diversified Enterprises LLC reduced its stake in shares of iShares U.S. Financial Services ETF (NYSEARCA:IYG) by 2.0% in the 4th quarter, Holdings Channel reports. The firm owned 32,112 shares of the company’s stock after selling 648 shares during the quarter. Diversified Enterprises LLC’s holdings in iShares U.S. Financial Services ETF were worth $2,499,000 at the end of the most recent quarter.

Several other large investors have also bought and sold shares of the stock. Raymond James Financial Inc. bought a new position in iShares U.S. Financial Services ETF during the 4th quarter worth $43,292,000. Baltimore Washington Financial Advisors Inc. raised its position in iShares U.S. Financial Services ETF by 2.1% during the 4th quarter. Baltimore Washington Financial Advisors Inc. now owns 389,794 shares of the company’s stock worth $30,330,000 after purchasing an additional 8,000 shares during the last quarter. Kozak & Associates Inc. grew its holdings 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 acquiring an additional 11,087 shares during the period. JPMorgan Chase & Co. grew its holdings in iShares U.S. Financial Services ETF by 2.2% during the 3rd quarter. JPMorgan Chase & Co. now owns 261,570 shares of the company’s stock worth $18,577,000 after acquiring an additional 5,590 shares during the period. Finally, Captrust Financial Advisors grew its holdings in iShares U.S. Financial Services ETF by 16.2% during the 3rd quarter. Captrust Financial Advisors now owns 184,956 shares of the company’s stock worth $13,136,000 after acquiring an additional 25,802 shares during the period.

iShares U.S. Financial Services ETF Trading Up 2.5 %

Shares of iShares U.S. Financial Services ETF stock opened at $76.44 on Friday. The business has a 50-day moving average price of $81.11 and a two-hundred day moving average price of $77.43. The company has a market cap of $1.64 billion, a P/E ratio of 16.68 and a beta of 1.17. iShares U.S. Financial Services ETF has a 1-year low of $62.13 and a 1-year high of $84.91.

About iShares U.S. Financial Services ETF

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.