Sigma Planning Corp Buys New Holdings in iShares U.S. Financial Services ETF (NYSEARCA:IYG)

Sigma Planning Corp purchased a new position in iShares U.S. Financial Services ETF (NYSEARCA:IYG) during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund purchased 2,909 shares of the company’s stock, valued at approximately $207,000.

Other institutional investors have also recently made changes to their positions in the company. Objective Capital Management LLC purchased a new position in iShares U.S. Financial Services ETF during the 3rd quarter valued at about $416,000. Wetzel Investment Advisors Inc. raised its holdings in shares of iShares U.S. Financial Services ETF by 5.5% during the third quarter. Wetzel Investment Advisors Inc. now owns 4,157 shares of the company’s stock valued at $295,000 after acquiring an additional 215 shares in the last quarter. Southern Capital Advisors LLC lifted its stake in iShares U.S. Financial Services ETF by 8.3% in the third quarter. Southern Capital Advisors LLC now owns 51,239 shares of the company’s stock worth $3,639,000 after acquiring an additional 3,917 shares during the period. OMNI 360 Wealth Inc. boosted its holdings in iShares U.S. Financial Services ETF by 11.8% in the third quarter. OMNI 360 Wealth Inc. now owns 10,030 shares of the company’s stock valued at $712,000 after acquiring an additional 1,056 shares in the last quarter. Finally, Wealth Enhancement Advisory Services LLC increased its position in iShares U.S. Financial Services ETF by 6.5% during the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 3,507 shares of the company’s stock valued at $249,000 after purchasing an additional 213 shares during the period.

iShares U.S. Financial Services ETF Stock Performance

iShares U.S. Financial Services ETF stock opened at $79.99 on Monday. iShares U.S. Financial Services ETF has a fifty-two week low of $53.69 and a fifty-two week high of $80.50. The stock’s 50 day simple moving average is $73.31 and its two-hundred day simple moving average is $69.11. The stock has a market cap of $1.62 billion, a price-to-earnings 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.