iShares U.S. Financial Services ETF $IYG Shares Purchased by Bank of Montreal Can

Bank of Montreal Can boosted its holdings in iShares U.S. Financial Services ETF (NYSEARCA:IYG) by 0.9% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 158,887 shares of the company’s stock after acquiring an additional 1,347 shares during the quarter. Bank of Montreal Can owned about 0.74% of iShares U.S. Financial Services ETF worth $13,601,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently bought and sold shares of the business. Brown Advisory Inc. bought a new stake in shares of iShares U.S. Financial Services ETF in the 1st quarter worth approximately $1,049,000. Cerity Partners LLC boosted its holdings in iShares U.S. Financial Services ETF by 23.5% during the first quarter. Cerity Partners LLC now owns 9,238 shares of the company’s stock worth $726,000 after buying an additional 1,757 shares in the last quarter. Fifth Third Securities Inc. grew its position in iShares U.S. Financial Services ETF by 0.9% in the first quarter. Fifth Third Securities Inc. now owns 22,840 shares of the company’s stock worth $1,794,000 after buying an additional 204 shares during the last quarter. Sigma Planning Corp grew its position in iShares U.S. Financial Services ETF by 9.5% in the first quarter. Sigma Planning Corp now owns 3,163 shares of the company’s stock worth $248,000 after buying an additional 275 shares during the last quarter. Finally, Apollon Wealth Management LLC bought a new position in shares of iShares U.S. Financial Services ETF in the first quarter valued at $203,000.

iShares U.S. Financial Services ETF Stock Performance

Shares of NYSEARCA:IYG opened at $88.66 on Friday. The company has a market capitalization of $1.92 billion, a PE ratio of 18.95 and a beta of 1.11. The stock has a fifty day moving average of $88.72 and a 200-day moving average of $85.66. iShares U.S. Financial Services ETF has a one year low of $65.98 and a one year high of $91.25.

iShares U.S. Financial Services ETF 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.