Bank of America Corp DE Buys 48,608 Shares of iShares U.S. Financial Services ETF (NYSEARCA:IYG)

Bank of America Corp DE lifted its stake in iShares U.S. Financial Services ETF (NYSEARCA:IYGGet Rating) by 5.3% in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 969,741 shares of the company’s stock after acquiring an additional 48,608 shares during the quarter. Bank of America Corp DE owned 7.79% of iShares U.S. Financial Services ETF worth $174,873,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently made changes to their positions in the stock. RiverFront Investment Group LLC grew its position in iShares U.S. Financial Services ETF by 421.1% during the first quarter. RiverFront Investment Group LLC now owns 549,684 shares of the company’s stock valued at $99,124,000 after buying an additional 444,191 shares during the period. Aaron Wealth Advisors LLC bought a new stake in iShares U.S. Financial Services ETF during the first quarter valued at approximately $1,930,000. Goldman Sachs Group Inc. grew its position in iShares U.S. Financial Services ETF by 18.5% during the first quarter. Goldman Sachs Group Inc. now owns 503,530 shares of the company’s stock valued at $90,802,000 after buying an additional 78,683 shares during the period. MinichMacGregor Wealth Management LLC grew its position in iShares U.S. Financial Services ETF by 212.8% during the first quarter. MinichMacGregor Wealth Management LLC now owns 99,074 shares of the company’s stock valued at $17,866,000 after buying an additional 67,396 shares during the period. Finally, WestEnd Advisors LLC grew its position in iShares U.S. Financial Services ETF by 11.6% during the first quarter. WestEnd Advisors LLC now owns 447,017 shares of the company’s stock valued at $80,611,000 after buying an additional 46,600 shares during the period.

iShares U.S. Financial Services ETF Stock Performance

Shares of NYSEARCA IYG opened at $152.37 on Thursday. The firm has a 50 day moving average of $160.38 and a 200 day moving average of $163.53. iShares U.S. Financial Services ETF has a 12-month low of $143.65 and a 12-month high of $205.00.

iShares U.S. Financial Services ETF Profile

(Get Rating)

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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