iShares U.S. Financial Services ETF (IYG) Position Trimmed by Nan Shan Life Insurance Co. Ltd.

Nan Shan Life Insurance Co. Ltd. decreased its holdings in shares of iShares U.S. Financial Services ETF (NYSEARCA:IYG) by 7.8% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 100,256 shares of the company’s stock after selling 8,450 shares during the quarter. Nan Shan Life Insurance Co. Ltd. owned approximately 0.82% of iShares U.S. Financial Services ETF worth $13,363,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Quad Cities Investment Group LLC purchased a new stake in iShares U.S. Financial Services ETF in the second quarter valued at approximately $191,000. Creative Planning acquired a new position in shares of iShares U.S. Financial Services ETF in the second quarter valued at approximately $200,000. Country Club Trust Company n.a. acquired a new position in shares of iShares U.S. Financial Services ETF in the third quarter valued at approximately $201,000. GWM Advisors LLC acquired a new position in shares of iShares U.S. Financial Services ETF in the third quarter valued at approximately $206,000. Finally, CIBC World Markets Inc. acquired a new position in shares of iShares U.S. Financial Services ETF in the second quarter valued at approximately $208,000.

Shares of IYG stock opened at $123.10 on Monday. iShares U.S. Financial Services ETF has a 1-year low of $120.13 and a 1-year high of $142.14.

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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.

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Institutional Ownership by Quarter for iShares U.S. Financial Services ETF (NYSEARCA:IYG)

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