iShares U.S. Financial Services ETF (NYSEARCA:IYG) Shares Purchased by Lion Street Advisors LLC

Lion Street Advisors LLC increased its position in shares of iShares U.S. Financial Services ETF (NYSEARCA:IYG) by 199.0% in the second quarter, HoldingsChannel reports. The firm owned 3,451 shares of the company’s stock after acquiring an additional 2,297 shares during the quarter. Lion Street Advisors LLC’s holdings in iShares U.S. Financial Services ETF were worth $225,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also recently modified their holdings of IYG. CX Institutional purchased a new position in iShares U.S. Financial Services ETF during the second quarter valued at approximately $223,000. CWM LLC raised its position in iShares U.S. Financial Services ETF by 9.1% during the second quarter. CWM LLC now owns 16,242 shares of the company’s stock valued at $1,059,000 after acquiring an additional 1,360 shares in the last quarter. Mather Group LLC. raised its position in iShares U.S. Financial Services ETF by 200.0% during the second quarter. Mather Group LLC. now owns 606 shares of the company’s stock valued at $40,000 after acquiring an additional 404 shares in the last quarter. Kozak & Associates Inc. raised its position in iShares U.S. Financial Services ETF by 10.9% during the second quarter. Kozak & Associates Inc. now owns 254,585 shares of the company’s stock valued at $16,803,000 after acquiring an additional 25,005 shares in the last quarter. Finally, GAMMA Investing LLC increased its position in shares of iShares U.S. Financial Services ETF by 42.7% in the second quarter. GAMMA Investing LLC now owns 1,323 shares of the company’s stock valued at $86,000 after buying an additional 396 shares in the last quarter.

iShares U.S. Financial Services ETF Stock Up 0.5 %

Shares of iShares U.S. Financial Services ETF stock traded up $0.33 on Friday, reaching $66.63. The company’s stock had a trading volume of 19,652 shares, compared to its average volume of 58,583. The company has a market capitalization of $1.35 billion, a P/E ratio of 5.95 and a beta of 0.91. iShares U.S. Financial Services ETF has a 52-week low of $48.21 and a 52-week high of $70.11. The stock has a 50-day moving average price of $66.38 and a 200-day moving average price of $64.79.

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.