Cetera Investment Advisers Has $3.51 Million Stake in iShares U.S. Financial Services ETF (NYSEARCA:IYG)

Cetera Investment Advisers grew its position in iShares U.S. Financial Services ETF (NYSEARCA:IYG) by 75.0% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 45,105 shares of the company’s stock after purchasing an additional 19,330 shares during the quarter. Cetera Investment Advisers’ holdings in iShares U.S. Financial Services ETF were worth $3,510,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Roxbury Financial LLC acquired a new position in shares of iShares U.S. Financial Services ETF in the fourth quarter valued at approximately $25,000. Comprehensive Financial Planning Inc. PA acquired a new stake in iShares U.S. Financial Services ETF during the fourth quarter worth approximately $50,000. Hopwood Financial Services Inc. acquired a new stake in iShares U.S. Financial Services ETF during the fourth quarter worth approximately $55,000. SRS Capital Advisors Inc. grew 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 in the last quarter. Finally, Millstone Evans Group LLC acquired a new stake in iShares U.S. Financial Services ETF during the fourth quarter worth approximately $79,000.

iShares U.S. Financial Services ETF Price Performance

Shares of NYSEARCA:IYG opened at $82.89 on Friday. The company has a market capitalization of $1.74 billion, a P/E ratio of 16.59 and a beta of 1.11. iShares U.S. Financial Services ETF has a 1 year low of $63.60 and a 1 year high of $84.91. The business’s 50 day simple moving average is $76.55 and its 200 day simple moving average is $78.99.

iShares U.S. Financial Services ETF 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.