Consolidated Capital Management LLC Boosts Stock Position in iShares U.S. Financial Services ETF $IYG

Consolidated Capital Management LLC increased its stake in shares of iShares U.S. Financial Services ETF (NYSEARCA:IYG) by 3.6% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 6,060 shares of the company’s stock after acquiring an additional 213 shares during the period. Consolidated Capital Management LLC’s holdings in iShares U.S. Financial Services ETF were worth $519,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also recently bought and sold shares of IYG. Y.D. More Investments Ltd grew its holdings in iShares U.S. Financial Services ETF by 85.7% during the first quarter. Y.D. More Investments Ltd now owns 650 shares of the company’s stock worth $51,000 after acquiring an additional 300 shares during the period. NBC Securities Inc. acquired a new stake in iShares U.S. Financial Services ETF during the first quarter worth about $65,000. CX Institutional purchased a new position in iShares U.S. Financial Services ETF during the second quarter worth approximately $81,000. 3Chopt Investment Partners LLC acquired a new stake in iShares U.S. Financial Services ETF in the first quarter valued at approximately $101,000. Finally, Apollon Wealth Management LLC purchased a new stake in shares of iShares U.S. Financial Services ETF in the first quarter valued at approximately $203,000.

iShares U.S. Financial Services ETF Price Performance

iShares U.S. Financial Services ETF stock opened at $89.79 on Friday. The stock has a market capitalization of $1.93 billion, a PE ratio of 18.95 and a beta of 1.16. iShares U.S. Financial Services ETF has a 12 month low of $65.98 and a 12 month high of $91.25. The business has a 50 day simple moving average of $88.24 and a 200-day simple moving average of $82.89.

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.