Savant Capital LLC Cuts Stock Position in iShares U.S. Financial Services ETF $IYG

Savant Capital LLC lessened its position in shares of iShares U.S. Financial Services ETF (NYSEARCA:IYG) by 15.6% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 11,385 shares of the company’s stock after selling 2,111 shares during the quarter. Savant Capital LLC’s holdings in iShares U.S. Financial Services ETF were worth $975,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Y.D. More Investments Ltd boosted its stake in iShares U.S. Financial Services ETF by 85.7% in the first quarter. Y.D. More Investments Ltd now owns 650 shares of the company’s stock valued at $51,000 after acquiring an additional 300 shares in the last quarter. Keener Financial Planning LLC purchased a new stake in shares of iShares U.S. Financial Services ETF during the 2nd quarter valued at $77,000. CX Institutional acquired a new stake in shares of iShares U.S. Financial Services ETF in the 2nd quarter worth $81,000. Bessemer Group Inc. grew its stake in iShares U.S. Financial Services ETF by 186.6% during the 2nd quarter. Bessemer Group Inc. now owns 1,006 shares of the company’s stock worth $86,000 after buying an additional 655 shares during the last quarter. Finally, Adell Harriman & Carpenter Inc. purchased a new position in iShares U.S. Financial Services ETF during the 2nd quarter worth $205,000.

iShares U.S. Financial Services ETF Price Performance

Shares of NYSEARCA:IYG opened at $88.67 on Friday. The business’s 50-day moving average is $88.72 and its 200 day moving average is $85.95. iShares U.S. Financial Services ETF has a 1 year low of $65.98 and a 1 year high of $91.25. The firm has a market capitalization of $1.92 billion, a P/E ratio of 18.95 and a beta of 1.11.

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.