Bank Hapoalim BM Lowers Stock Position in iShares U.S. Financial Services ETF (NYSEARCA:IYG)

Bank Hapoalim BM cut its stake in shares of iShares U.S. Financial Services ETF (NYSEARCA:IYG) by 3.8% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 8,966 shares of the company’s stock after selling 355 shares during the quarter. Bank Hapoalim BM’s holdings in iShares U.S. Financial Services ETF were worth $637,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also recently made changes to their positions in the company. RiverFront Investment Group LLC increased its position 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 valued at $94,440,000 after purchasing an additional 38,283 shares during the last quarter. US Bancorp DE grew its position in iShares U.S. Financial Services ETF by 252.0% during the first quarter. US Bancorp DE now owns 9,715 shares of the company’s stock valued at $644,000 after acquiring an additional 6,955 shares during the last quarter. Cetera Investment Advisers raised its stake in shares of iShares U.S. Financial Services ETF by 1.8% during the second quarter. Cetera Investment Advisers now owns 32,701 shares of the company’s stock worth $2,132,000 after acquiring an additional 569 shares in the last quarter. Comerica Bank lifted its holdings in shares of iShares U.S. Financial Services ETF by 195.9% in the 1st quarter. Comerica Bank now owns 20,518 shares of the company’s stock worth $1,360,000 after acquiring an additional 13,584 shares during the last quarter. Finally, Cetera Advisors LLC purchased a new stake in shares of iShares U.S. Financial Services ETF in the 1st quarter valued at $253,000.

iShares U.S. Financial Services ETF Stock Performance

NYSEARCA:IYG traded down $0.14 during trading hours on Thursday, reaching $74.60. The company’s stock had a trading volume of 1,106 shares, compared to its average volume of 52,829. The firm has a market capitalization of $1.51 billion, a price-to-earnings ratio of 5.95 and a beta of 0.91. The firm has a 50-day simple moving average of $71.62 and a 200-day simple moving average of $67.96. iShares U.S. Financial Services ETF has a 1 year low of $49.20 and a 1 year high of $75.48.

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.