iShares U.S. Financial Services ETF $IYG Shares Sold by Centerline Wealth Advisors LLC

Centerline Wealth Advisors LLC lowered its holdings in iShares U.S. Financial Services ETF (NYSEARCA:IYG – Free Report) by 30.5% during the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 46,093 shares of the company’s stock after selling 20,227 shares during the period. iShares U.S. Financial Services ETF comprises about 1.3% of Centerline Wealth Advisors LLC’s investment portfolio, making the stock its 22nd biggest holding. Centerline Wealth Advisors LLC’s holdings in iShares U.S. Financial Services ETF were worth $4,170,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently bought and sold shares of IYG. NewEdge Advisors LLC lifted its holdings in shares of iShares U.S. Financial Services ETF by 17.4% in the 1st quarter. NewEdge Advisors LLC now owns 10,232 shares of the company’s stock worth $804,000 after purchasing an additional 1,517 shares during the last quarter. Focus Partners Wealth grew its stake in iShares U.S. Financial Services ETF by 11.2% during the 1st quarter. Focus Partners Wealth now owns 6,826 shares of the company’s stock worth $536,000 after buying an additional 685 shares during the last quarter. Baird Financial Group Inc. increased its position in iShares U.S. Financial Services ETF by 3.8% in the second quarter. Baird Financial Group Inc. now owns 8,694 shares of the company’s stock worth $744,000 after buying an additional 320 shares during the period. Qube Research & Technologies Ltd increased its position in iShares U.S. Financial Services ETF by 267.7% in the second quarter. Qube Research & Technologies Ltd now owns 2,368 shares of the company’s stock worth $203,000 after buying an additional 1,724 shares during the period. Finally, Florida Financial Advisors LLC bought a new stake in iShares U.S. Financial Services ETF in the second quarter valued at $394,000.

iShares U.S. Financial Services ETF Stock Performance

Shares of IYG opened at $96.77 on Wednesday. iShares U.S. Financial Services ETF has a 1 year low of $79.86 and a 1 year high of $98.66. The company has a market cap of $2.20 billion, a price-to-earnings ratio of 18.95 and a beta of 0.96. The firm has a fifty day moving average of $95.97 and a 200-day moving average of $89.84.

iShares U.S. Financial Services ETF Company Profile

(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.

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