Mosley Wealth Management Takes Position in iShares U.S. Financial Services ETF $IYG

Mosley Wealth Management purchased a new stake in iShares U.S. Financial Services ETF (NYSEARCA:IYGFree Report) during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund purchased 8,630 shares of the company’s stock, valued at approximately $764,000.

A number of other institutional investors and hedge funds have also made changes to their positions in IYG. Focus Partners Advisor Solutions LLC purchased a new stake in iShares U.S. Financial Services ETF during the 4th quarter worth approximately $1,472,000. Commonwealth Retirement Investments LLC purchased a new stake in iShares U.S. Financial Services ETF during the 4th quarter worth approximately $112,000. Cerity Partners LLC increased its stake in iShares U.S. Financial Services ETF by 11.1% during the 4th quarter. Cerity Partners LLC now owns 6,947 shares of the company’s stock worth $641,000 after buying an additional 695 shares during the period. LPL Financial LLC increased its stake in iShares U.S. Financial Services ETF by 5.4% during the 4th quarter. LPL Financial LLC now owns 479,941 shares of the company’s stock worth $44,275,000 after buying an additional 24,452 shares during the period. Finally, O Shaughnessy Asset Management LLC increased its stake in iShares U.S. Financial Services ETF by 9.3% during the 4th quarter. O Shaughnessy Asset Management LLC now owns 1,756 shares of the company’s stock worth $162,000 after buying an additional 150 shares during the period.

iShares U.S. Financial Services ETF Stock Up 0.9%

Shares of IYG opened at $88.91 on Friday. iShares U.S. Financial Services ETF has a fifty-two week low of $79.86 and a fifty-two week high of $95.75. The firm’s 50 day moving average price is $86.90 and its 200 day moving average price is $88.20. The company has a market cap of $2.03 billion, a P/E ratio of 18.95 and a beta of 0.97.

About iShares U.S. Financial Services ETF

(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. It is a subset of the Dow Jones U.S. Financials Index. The Underlying Index includes components of subsectors in the Dow Jones U.S.

See Also

Institutional Ownership by Quarter for iShares U.S. Financial Services ETF (NYSEARCA:IYG)

Receive News & Ratings for iShares U.S. Financial Services ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares U.S. Financial Services ETF and related companies with MarketBeat.com's FREE daily email newsletter.