No press releases found.
Mastercard's New Tech Could Change How Banks Handle Money and Securities
Benzinga (Wed, 8-May 1:05 PM ET)
The iShares Dow Jones U.S. Financial Services Index Fund seeks investment results that correspond generally to the price and yield performance before fees and expenses of the financial-services sector of the U.S. equity market as represented by the Dow Jones U.S. Financial Services Index.
iShares U.S. Financial Services ETF trades on the ARCA stock market under the symbol IYG.
As of May 8, 2024, IYG stock price climbed to $65.17 with 45,574 million shares trading.
IYG has a beta of 1.06, meaning it tends to be more sensitive to market movements. IYG has a correlation of 0.64 to the broad based SPY ETF.
IYG has a market cap of $1.32 billion. This is considered a Small Cap stock.
In the last 3 years, IYG stock traded as high as $68.33 and as low as $45.82.
IYG has outperformed the market in the last year with a return of +33.5%, while the SPY ETF gained +27.0%. In the last 3 month period, IYG beat the market returning +6.5%, while SPY returned +4.1%. However, in the most recent 2 weeks IYG has underperformed the stock market by returning +0.4%, while SPY returned +2.3%.
IYG support price is $64.37 and resistance is $65.65 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that IYG stock will trade within this expected range on the day.