IYG - iShares US Financial Services ETF
| Previous Close | 134.14 |
| Open | 133.93 |
| Bid | 0.00 x 0 |
| Ask | 0.00 x 0 |
| Day's Range | 134.40 - 135.02 |
| 52 Week Range | 110.22 - 142.14 |
| Volume | 38,058 |
| Avg. Volume | 154,862 |
| Net Assets | 1.63B |
| NAV | 129.53 |
| PE Ratio (TTM) | N/A |
| Yield | 1.39% |
| YTD Return | 0.04% |
| Beta (3y) | 1.08 |
| Expense Ratio (net) | 0.43% |
| Inception Date | 2000-06-12 |
- Zacks•5 hours ago
Bank ETFs Rise on the Wave of Big Releases
Inside the performance of the financial ETFs in light of big banks' earnings.
- ETF Trends•4 days ago
Earnings Tests Loom for Big Bank ETFs
Second-quarter earnings arrived for big banks in earnest last Friday amid a spate of reports from the financial services sector. Exchange traded funds tracking financial services stocks were tested last ...
- ETF Trends•7 days ago
3 ETFs to Watch Ahead of Bank of America’s Earnings Report
Consensus estimates are pegged at about 57 cents per share, which represents a decrease of a nickel compared to last quarter. If BofA exceeds these estimates, it will be a welcome rebound for all three ETFs after closing in the red during Friday's trading session--IYG was down 0.73%, XLF was down 0.48% and KBWB was down 0.57%. Much of that blame can be directed towards Wells Fargo who posted losses in their second quarter earnings report, sending their shares tumbling 1.20%.
- ETF Trends•7 days ago
Financial ETFs Stung by Wells Fargo Earnings Report
It was more than a case of bad luck on Friday the 13th as Wells Fargo posted second quarter losses, stinging three financial ETFs with the heaviest weighting of Wells Fargo equities–iShares Evolved US ...
- Zacks•9 days ago
How Are Financial ETFs Placed Before Q2 Earnings Release?
Though chances of a broad-based earnings beat are low in Q2 per the ESP trend, the outlook seems bright for financial ETFs, the outlook seems bright for financial ETFs.
- ETF Trends•29 days ago
Falling Yields Chase Investors From a Financial Services ETF
Declining Treasury yields are chasing investors from some exchange traded funds tracking financial services stocks, including the iShares U.S. Financial Services ETF (IYG) . The $1.87 billion IYG recently turned 18 years old and tracks the Dow Jones U.S. Financial Services Index. Earlier this year, financials were also propped up by a rise in bond yields as higher interest rates typically widen the margin spread between bank loans and deposits.
- ETF Trends•last month
Financial ETFs Among Hated Plays of Past Week
A pullback in Treasury yields and the pending results of bank stress tests have weighed on some financial sector investors' minds, triggering large outflows out of bank-related ETFs. The Federal Reserve’s instructions for 2018 Comprehensive Capital Analysis and Review (CCAR) stress tests are being viewed as tougher this year.
- Zacks•3 months ago
Will Bank ETFs Sizzle on Fed & Trump Influenced Q1 Earnings?
Fundamentals are strong for bank ETFs as they are likely to witness the first earnings season of 2018.
InvestorPlace•5 months agoAre Rising Interest Rates Good for Bank Stocks?
Conventional wisdom tells us that a steepening Treasury yield curve should lead to higher profits for bank stocks because their net interest margins — the difference between the amount of interest banks pay for their liabilities (checking and savings deposits, etc.) and the amount of interest banks receive for their assets (personal and commercial loans, etc.) — will be wider. If you look at the graph of the relationship between the yield on the 10-year Treasury and the yield on the 2-year Treasury in Fig. 1, you will see that the spread between these two yields has been getting smaller and smaller (meaning the yield curve has been flattening) during the past few years.
- Market Realist•5 months ago
How Wall Street Analysts View Bancorp
What Was behind Bancorp’s Strong 4Q17 Performance?
Market Realist•5 months agoHow Bancorp’s Credit Provision and Non-Performing Assets Looked in 4Q17
What Was behind Bancorp’s Strong 4Q17 Performance?
- Market Realist•5 months ago
Why Bancorp’s Expenses Are Increasing
What Was behind Bancorp’s Strong 4Q17 Performance?
- Market Realist•5 months ago
What Affected Bancorp’s 4Q17 Earnings?
What Was behind Bancorp’s Strong 4Q17 Performance?
Market Realist•5 months agoHow Bancorp’s Loans and Deposits Have Trended
What Was behind Bancorp’s Strong 4Q17 Performance? During 4Q17, Bancorp’s (UBS) loans rose $7.1 billion, a 2.6% increase in comparison to 4Q16. This increase was mainly due to growth in commercial loans of 4%, residential mortgages of 5.2%, retail leasing of 28.9%, and retail loans of 5.2%.
Market Realist•5 months agoWhat Led to Bancorp’s Strong 4Q17 Performance?
What Was behind Bancorp’s Strong 4Q17 Performance? The tax reform legislation helped Bancorp (USB) post a very positive quarter. $152 million was contributed to the US Bank Foundation and $67 million was distributed as special bonuses to eligible employees.
- Market Realist•6 months ago
Is US Job Market Getting Too Hot?
ADP, a human capital management solution provider, releases a monthly report on US non-farm employment. This monthly report is prepared by using actual anonymous payroll data of 411,000 clients that ADP services. The report is released two days before the non-farm payrolls data, so this report prepares markets for any surprises in the jobs report.
- Benzinga•6 months ago
Getting Tactical With Financial Services ETFs
Sector exchange traded funds have become increasingly popular with advisors and investors. While broad market funds such as the SPDR S&P 500 ETF (NYSE: SPY ) give investors the benefit of diversity, sector ...
- Zacks•6 months ago
Inside Q4 Earnings Performance of Banking ETFs
Banking stocks performed decently in the fourth quarter of 2017. Profit from these ETFs.
- Market Realist•6 months ago
Morgan Stanley Maintains Its ‘Buy’ Rating in 2018
Of the analysts surveyed by Reuters, ~55% have rated Morgan Stanley (MS) a “buy.” Of the remaining 45%, 11% have given the stock “strong buy” recommendations, and 30% have given it “hold” recommendations. The above graph depicts analysts’ recommendations and mean price targets for MS. A total of 30% of analysts have rated Goldman Sachs (GS) as a “buy,” 33% have rated Citigroup as (C) a “buy,” and 26% have rated JPMorgan Chase (JPM) as a “buy.” MS makes up 2.3% of the iShares U.S. Financial Services ETF (IYG).
Market Realist•6 months agoMorgan Stanley’s Expanding Investment Management Segment
Investor Takeaways from Morgan Stanley’s 4Q17 Results
Market Realist•6 months agoWealth Management Segment: Morgan Stanley’s Backbone
Investor Takeaways from Morgan Stanley’s 4Q17 Results
- Market Realist•6 months ago
Morgan Stanley’s Downfall in Trading Revenue Continues
Investor Takeaways from Morgan Stanley’s 4Q17 Results
- Market Realist•6 months ago
Tax Cut Policy: A One-Time Hit on Morgan Stanley’s Earnings
President Donald Trump signed a bill to cut corporate tax rates from 35% to 21% last month. Charges taken for tax have created a revenue dent for most banks, including Citigroup (C), Bank of America (BAC), and Goldman Sachs (GS). Morgan Stanley (MS) has reported a one-time net discrete tax provision of $990 million, composed of a ~$1.2 billion tax discrete provision offset by ~$168 million associated with reserves and interest-related tax examinations.
- Market Realist•6 months ago
Wealth Management Helped Morgan Stanley Beat 4Q17 Estimates
Investor Takeaways from Morgan Stanley’s 4Q17 Results4Q17 performance
- Market Realist•6 months ago
Is the US Job Market Beginning to Overheat?
According to the employment report, job growth was robust across all the sectors except for the information (VGT) sector, which saw 4,000 job losses in December and over 50,000 job losses in 2017.
