New Insight Wealth Advisors Has $455,000 Stock Position in iShares U.S. Financial Services ETF (NYSEARCA:IYG)

New Insight Wealth Advisors cut its holdings in shares of iShares U.S. Financial Services ETF (NYSEARCA:IYG) by 7.6% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 5,846 shares of the company’s stock after selling 481 shares during the quarter. New Insight Wealth Advisors’ holdings in iShares U.S. Financial Services ETF were worth $455,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently bought and sold shares of the business. Roxbury Financial LLC bought a new stake in iShares U.S. Financial Services ETF in the fourth quarter worth approximately $25,000. Financial Avengers Inc. acquired a new stake in shares of iShares U.S. Financial Services ETF in the 3rd quarter valued at $28,000. Comprehensive Financial Planning Inc. PA bought a new stake in iShares U.S. Financial Services ETF in the fourth quarter worth $50,000. SRS Capital Advisors Inc. increased its position in iShares U.S. Financial Services ETF by 63.4% during the fourth quarter. SRS Capital Advisors Inc. now owns 858 shares of the company’s stock worth $67,000 after buying an additional 333 shares during the last quarter. Finally, Private Trust Co. NA raised its holdings in iShares U.S. Financial Services ETF by 103.5% during the fourth quarter. Private Trust Co. NA now owns 1,160 shares of the company’s stock valued at $90,000 after buying an additional 590 shares in the last quarter.

iShares U.S. Financial Services ETF Stock Performance

Shares of IYG stock opened at $77.85 on Monday. iShares U.S. Financial Services ETF has a twelve month low of $62.13 and a twelve month high of $84.91. The company has a market capitalization of $1.67 billion, a price-to-earnings ratio of 16.68 and a beta of 1.17. The stock’s 50 day simple moving average is $81.37 and its 200 day simple moving average is $77.34.

About iShares U.S. Financial Services ETF

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.