Garrison Point Advisors LLC Lowers Position in iShares U.S. Financial Services ETF (NYSEARCA:IYG)

Garrison Point Advisors LLC reduced its position in shares of iShares U.S. Financial Services ETF (NYSEARCA:IYG) by 1.4% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 13,645 shares of the company’s stock after selling 200 shares during the period. Garrison Point Advisors LLC’s holdings in iShares U.S. Financial Services ETF were worth $969,000 as of its most recent SEC filing.

Other hedge funds have also recently added to or reduced their stakes in the company. Indiana Trust & Investment Management CO lifted its holdings in iShares U.S. Financial Services ETF by 100.0% in the first 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 period. Ashton Thomas Private Wealth LLC acquired a new position in shares of iShares U.S. Financial Services ETF during the 2nd quarter worth $27,000. Thurston Springer Miller Herd & Titak Inc. purchased a new position in shares of iShares U.S. Financial Services ETF in the 3rd quarter valued at about $38,000. Carolinas Wealth Consulting LLC lifted its stake in shares of iShares U.S. Financial Services ETF by 344.4% in the second quarter. Carolinas Wealth Consulting LLC now owns 600 shares of the company’s stock valued at $39,000 after purchasing an additional 465 shares during the period. Finally, Mather Group LLC. boosted its holdings 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 worth $40,000 after buying an additional 404 shares in the last quarter.

iShares U.S. Financial Services ETF Trading Up 0.2 %

Shares of IYG opened at $74.41 on Friday. The firm’s 50-day moving average is $71.06 and its two-hundred day moving average is $67.62. iShares U.S. Financial Services ETF has a twelve month low of $48.21 and a twelve month high of $75.48. The firm has a market capitalization of $1.50 billion, a P/E ratio of 5.95 and a beta of 0.91.

iShares U.S. Financial Services ETF 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.