Financial Advantage Inc. Takes $60,000 Position in iShares U.S. Financial Services ETF (NYSEARCA:IYG)

Financial Advantage Inc. bought a new stake in shares of iShares U.S. Financial Services ETF (NYSEARCA:IYG) in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm bought 440 shares of the company’s stock, valued at approximately $60,000.

Several other institutional investors have also made changes to their positions in the company. Stephens Inc. AR increased its position in shares of iShares U.S. Financial Services ETF by 80.4% during the 3rd quarter. Stephens Inc. AR now owns 49,746 shares of the company’s stock valued at $6,787,000 after purchasing an additional 22,173 shares during the last quarter. Coastal Investment Advisors Inc. grew its stake in shares of iShares U.S. Financial Services ETF by 4.7% during the 3rd quarter. Coastal Investment Advisors Inc. now owns 2,031 shares of the company’s stock worth $277,000 after acquiring an additional 91 shares during the period. Envestnet Asset Management Inc. grew its stake in shares of iShares U.S. Financial Services ETF by 2.6% during the 3rd quarter. Envestnet Asset Management Inc. now owns 39,863 shares of the company’s stock worth $5,439,000 after acquiring an additional 996 shares during the period. Signaturefd LLC boosted its stake in iShares U.S. Financial Services ETF by 1,818.2% in the 3rd quarter. Signaturefd LLC now owns 211 shares of the company’s stock worth $29,000 after purchasing an additional 200 shares during the period. Finally, Dfpg Investments Inc. boosted its stake in iShares U.S. Financial Services ETF by 13.5% in the 3rd quarter. Dfpg Investments Inc. now owns 3,015 shares of the company’s stock worth $394,000 after purchasing an additional 359 shares during the period.

NYSEARCA IYG traded up $0.10 during trading hours on Thursday, hitting $139.37. The company had a trading volume of 459 shares, compared to its average volume of 97,436. iShares U.S. Financial Services ETF has a 52 week low of $104.43 and a 52 week high of $141.26. The firm has a 50 day simple moving average of $136.19 and a 200 day simple moving average of $133.72.

The business also recently announced a — dividend, which was paid on Monday, September 30th. Shareholders of record on Wednesday, September 25th were paid a $0.6098 dividend. The ex-dividend date of this dividend was Tuesday, September 24th. This represents a yield of 1.7%.

iShares U.S. Financial Services ETF Company 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.

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

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