National Bank of Canada FI Boosts Stock Position in iShares U.S. Financial Services ETF (NYSEARCA:IYG)

National Bank of Canada FI raised its holdings in iShares U.S. Financial Services ETF (NYSEARCA:IYG) by 2.9% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 19,825 shares of the company’s stock after buying an additional 565 shares during the period. National Bank of Canada FI’s holdings in iShares U.S. Financial Services ETF were worth $1,294,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. Indiana Trust & Investment Management CO increased its holdings in shares of iShares U.S. Financial Services ETF by 100.0% in the 1st quarter. Indiana Trust & Investment Management CO now owns 402 shares of the company’s stock valued at $27,000 after acquiring an additional 201 shares during the last quarter. Frazier Financial Advisors LLC acquired a new stake in iShares U.S. Financial Services ETF during the fourth quarter worth approximately $29,000. Fortis Group Advisors LLC lifted its position in shares of iShares U.S. Financial Services ETF by 100.0% during the 4th quarter. Fortis Group Advisors LLC now owns 160 shares of the company’s stock worth $29,000 after buying an additional 80 shares during the last quarter. Salem Investment Counselors Inc. boosted its holdings in shares of iShares U.S. Financial Services ETF by 200.0% in the 1st quarter. Salem Investment Counselors Inc. now owns 450 shares of the company’s stock valued at $30,000 after buying an additional 300 shares in the last quarter. Finally, Mather Group LLC. grew its position in shares of iShares U.S. Financial Services ETF by 200.0% in the 2nd quarter. Mather Group LLC. now owns 606 shares of the company’s stock valued at $40,000 after buying an additional 404 shares during the last quarter.

iShares U.S. Financial Services ETF Price Performance

Shares of NYSEARCA:IYG opened at $69.07 on Friday. iShares U.S. Financial Services ETF has a 12 month low of $48.21 and a 12 month high of $71.83. The firm has a market capitalization of $1.40 billion, a P/E ratio of 5.95 and a beta of 0.91. The company’s fifty day moving average price is $68.47 and its 200 day moving average price is $66.13.

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.