SAM Advisors LLC Has $9.15 Million Stock Position in iShares U.S. Financial Services ETF (NYSEARCA:IYG)

SAM Advisors LLC trimmed its holdings in iShares U.S. Financial Services ETF (NYSEARCA:IYG) by 2.2% in the 4th quarter, Holdings Channel reports. The fund owned 117,615 shares of the company’s stock after selling 2,696 shares during the quarter. iShares U.S. Financial Services ETF accounts for about 3.3% of SAM Advisors LLC’s investment portfolio, making the stock its 8th biggest position. SAM Advisors LLC’s holdings in iShares U.S. Financial Services ETF were worth $9,145,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of the business. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors purchased a new stake in shares of iShares U.S. Financial Services ETF during the 4th quarter valued at about $521,000. Atria Wealth Solutions Inc. raised its stake in iShares U.S. Financial Services ETF by 12.0% during the 4th quarter. Atria Wealth Solutions Inc. now owns 3,183 shares of the company’s stock worth $248,000 after acquiring an additional 342 shares during the period. Roxbury Financial LLC bought a new stake in iShares U.S. Financial Services ETF during the 4th quarter worth approximately $25,000. Comprehensive Financial Planning Inc. PA bought a new stake in iShares U.S. Financial Services ETF during the 4th quarter worth approximately $50,000. Finally, Savant Capital LLC bought a new stake in iShares U.S. Financial Services ETF during the 4th quarter worth approximately $1,098,000.

iShares U.S. Financial Services ETF Price Performance

iShares U.S. Financial Services ETF stock opened at $81.88 on Friday. The stock has a market cap of $1.65 billion, a P/E ratio of 17.45 and a beta of 0.91. iShares U.S. Financial Services ETF has a 1 year low of $62.13 and a 1 year high of $84.91. The firm’s 50 day moving average price is $80.82 and its 200-day moving average price is $76.14.

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.