Kozak & Associates Inc. Raises Stock Holdings in iShares U.S. Financial Services ETF (NYSEARCA:IYG)

Kozak & Associates Inc. lifted its holdings in iShares U.S. Financial Services ETF (NYSEARCA:IYG) by 4.4% in the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 261,636 shares of the company’s stock after acquiring an additional 11,087 shares during the quarter. iShares U.S. Financial Services ETF accounts for about 4.7% of Kozak & Associates Inc.’s holdings, making the stock its 9th biggest holding. Kozak & Associates Inc.’s holdings in iShares U.S. Financial Services ETF were worth $20,518,000 at the end of the most recent quarter.

A number of other institutional investors also recently made changes to their positions in IYG. International Assets Investment Management LLC boosted its holdings in shares of iShares U.S. Financial Services ETF by 7,787.3% during the third quarter. International Assets Investment Management LLC now owns 260,834 shares of the company’s stock worth $18,524,000 after purchasing an additional 257,527 shares during the period. Envestnet Asset Management Inc. increased its stake in 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 valued at $98,458,000 after purchasing an additional 161,646 shares in the last quarter. RiverFront Investment Group LLC raised its holdings in iShares U.S. Financial Services ETF by 2.7% in 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. Jane Street Group LLC purchased a new position in iShares U.S. Financial Services ETF in the 3rd quarter worth about $2,496,000. Finally, IHT Wealth Management LLC raised its stake in iShares U.S. Financial Services ETF by 107.2% during the 3rd quarter. IHT Wealth Management LLC now owns 50,463 shares of the company’s stock valued at $3,575,000 after buying an additional 26,104 shares during the last quarter.

iShares U.S. Financial Services ETF Price Performance

Shares of NYSEARCA:IYG traded up $0.14 during trading on Monday, hitting $78.56. The company’s stock had a trading volume of 90,240 shares, compared to its average volume of 87,488. The company has a 50-day moving average of $78.92 and a 200-day moving average of $72.70. The firm has a market cap of $1.59 billion, a price-to-earnings ratio of 5.95 and a beta of 0.91. iShares U.S. Financial Services ETF has a 12 month low of $57.93 and a 12 month high of $82.77.

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.