iShares U.S. Financial Services ETF (NYSEARCA:IYG) Stock Price Down 0.8%

Posted by Lisa Durand on Apr 18th, 2024

iShares U.S. Financial Services ETF (NYSEARCA:IYG – Get Free Report) shares were down 0.8% on Tuesday . The stock traded as low as $62.13 and last traded at $62.27. Approximately 77,091 shares changed hands during mid-day trading, an increase of 12% from the average daily volume of 68,822 shares. The stock had previously closed at $62.75.

iShares U.S. Financial Services ETF Stock Performance

The firm has a market cap of $1.27 billion, a price-to-earnings ratio of 5.90 and a beta of 1.00. The business’s 50-day moving average is $63.91 and its 200-day moving average is $58.60.

Institutional Investors Weigh In On iShares U.S. Financial Services ETF

A number of large investors have recently bought and sold shares of the business. SRS Capital Advisors Inc. bought a new stake in iShares U.S. Financial Services ETF during the 3rd quarter worth about $27,000. Indiana Trust & Investment Management CO raised its position in iShares U.S. Financial Services ETF by 100.0% in the 1st quarter. Indiana Trust & Investment Management CO now owns 402 shares of the company’s stock worth $27,000 after purchasing an additional 201 shares during the last quarter. Frazier Financial Advisors LLC acquired a new position in iShares U.S. Financial Services ETF during the 4th quarter worth $29,000. Fortis Group Advisors LLC boosted its position in iShares U.S. Financial Services ETF by 100.0% in the 4th quarter. Fortis Group Advisors LLC now owns 160 shares of the company’s stock valued at $29,000 after buying an additional 80 shares during the last quarter. Finally, Salem Investment Counselors Inc. increased its stake in shares of iShares U.S. Financial Services ETF by 200.0% in the 1st quarter. Salem Investment Counselors Inc. now owns 450 shares of the company’s stock valued at $30,000 after buying an additional 300 shares during the period.

iShares U.S. Financial Services ETF Company Profile

(Get Free Report)

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.