Cottonwood Capital Advisors LLC Sells 132 Shares of iShares U.S. Financial Services ETF $IYG

Cottonwood Capital Advisors LLC lessened its position in shares of iShares U.S. Financial Services ETF (NYSEARCA:IYG) by 1.1% in the 2nd quarter, HoldingsChannel reports. The fund owned 12,345 shares of the company’s stock after selling 132 shares during the period. Cottonwood Capital Advisors LLC’s holdings in iShares U.S. Financial Services ETF were worth $1,057,000 as of its most recent SEC filing.

Other large investors have also recently modified their holdings of the company. Y.D. More Investments Ltd raised its position in shares of iShares U.S. Financial Services ETF by 85.7% in the 1st quarter. Y.D. More Investments Ltd now owns 650 shares of the company’s stock valued at $51,000 after purchasing an additional 300 shares during the last quarter. Keener Financial Planning LLC purchased a new position in iShares U.S. Financial Services ETF during the 2nd quarter worth approximately $77,000. CX Institutional purchased a new position in iShares U.S. Financial Services ETF during the 2nd quarter worth approximately $81,000. 3Chopt Investment Partners LLC purchased a new position in iShares U.S. Financial Services ETF during the 1st quarter worth approximately $101,000. Finally, Apollon Wealth Management LLC purchased a new position in iShares U.S. Financial Services ETF during the 1st quarter worth approximately $203,000.

iShares U.S. Financial Services ETF Trading Up 0.8%

IYG opened at $86.84 on Friday. iShares U.S. Financial Services ETF has a 12-month low of $65.98 and a 12-month high of $91.25. The firm has a market capitalization of $1.88 billion, a PE ratio of 18.95 and a beta of 1.16. The firm has a 50 day moving average of $88.67 and a two-hundred day moving average of $83.91.

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.