Stifel Financial Corp lifted its stake in iShares U.S. Financial Services ETF (NYSEARCA:IYG) by 117.2% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 38,465 shares of the company’s stock after buying an additional 20,755 shares during the period. Stifel Financial Corp owned approximately 0.27% of iShares U.S. Financial Services ETF worth $4,593,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other large investors also recently modified their holdings of IYG. Advisor Group Holdings Inc. lifted its position in iShares U.S. Financial Services ETF by 285.6% during the second quarter. Advisor Group Holdings Inc. now owns 263,194 shares of the company’s stock worth $31,429,000 after purchasing an additional 194,931 shares during the period. Summit X LLC bought a new stake in shares of iShares U.S. Financial Services ETF during the 2nd quarter worth approximately $1,467,000. Equitable Holdings Inc. bought a new stake in shares of iShares U.S. Financial Services ETF during the 2nd quarter worth approximately $1,195,000. Marshall Wace LLP boosted its position in shares of iShares U.S. Financial Services ETF by 251.7% during the 2nd quarter. Marshall Wace LLP now owns 3,841 shares of the company’s stock worth $459,000 after acquiring an additional 2,749 shares in the last quarter. Finally, ETRADE Capital Management LLC bought a new position in iShares U.S. Financial Services ETF in the second quarter valued at approximately $18,190,000.
NYSEARCA IYG opened at $126.73 on Tuesday. The business has a fifty day moving average price of $125.80 and a two-hundred day moving average price of $118.47. iShares U.S. Financial Services ETF has a fifty-two week low of $86.42 and a fifty-two week high of $156.97.
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.
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