Stephens Inc. AR Has $1.36 Million Stock Position in iShares U.S. Financial Services ETF (NYSEARCA:IYG)

Stephens Inc. AR lessened its holdings in shares of iShares U.S. Financial Services ETF (NYSEARCA:IYG) by 7.0% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 19,175 shares of the company’s stock after selling 1,454 shares during the period. Stephens Inc. AR’s holdings in iShares U.S. Financial Services ETF were worth $1,362,000 as of its most recent filing with the SEC.

Several other institutional investors also recently modified their holdings of IYG. Envestnet Asset Management Inc. raised its position in iShares U.S. Financial Services ETF by 12.0% during the 2nd quarter. Envestnet Asset Management Inc. now owns 1,509,858 shares of the company’s stock worth $98,458,000 after purchasing an additional 161,646 shares during the last quarter. RiverFront Investment Group LLC boosted its holdings in iShares U.S. Financial Services ETF by 2.7% in the second quarter. RiverFront Investment Group LLC now owns 1,448,241 shares of the company’s stock valued at $94,440,000 after acquiring an additional 38,283 shares during the last quarter. Raymond James & Associates boosted its holdings in iShares U.S. Financial Services ETF by 14.5% in the second quarter. Raymond James & Associates now owns 564,529 shares of the company’s stock valued at $36,813,000 after acquiring an additional 71,320 shares during the last quarter. Baltimore Washington Financial Advisors Inc. increased its position in iShares U.S. Financial Services ETF by 3.4% during the 2nd quarter. Baltimore Washington Financial Advisors Inc. now owns 373,427 shares of the company’s stock valued at $24,351,000 after purchasing an additional 12,314 shares during the period. Finally, International Assets Investment Management LLC raised its holdings in iShares U.S. Financial Services ETF by 7,787.3% during the 3rd quarter. International Assets Investment Management LLC now owns 260,834 shares of the company’s stock worth $18,524,000 after purchasing an additional 257,527 shares during the last quarter.

iShares U.S. Financial Services ETF Stock Performance

NYSEARCA:IYG opened at $73.16 on Tuesday. iShares U.S. Financial Services ETF has a 52 week low of $51.58 and a 52 week high of $75.48. The firm’s fifty day moving average is $71.85 and its 200-day moving average is $68.23. The firm has a market cap of $1.48 billion, a P/E ratio of 5.95 and a beta of 0.91.

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.