Tnf LLC Purchases New Stake in iShares U.S. Financials ETF (NYSEARCA:IYF)

Tnf LLC acquired a new stake in iShares U.S. Financials ETF (NYSEARCA:IYF) during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 1,893 shares of the company’s stock, valued at approximately $206,000.

A number of other hedge funds also recently modified their holdings of IYF. Bogart Wealth LLC raised its position in iShares U.S. Financials ETF by 34.2% in the 3rd quarter. Bogart Wealth LLC now owns 416 shares of the company’s stock valued at $43,000 after buying an additional 106 shares during the last quarter. Somerset Group LLC increased its position in shares of iShares U.S. Financials ETF by 0.5% during the second quarter. Somerset Group LLC now owns 22,995 shares of the company’s stock valued at $2,175,000 after buying an additional 114 shares during the period. Larson Financial Group LLC boosted its holdings in iShares U.S. Financials ETF by 5.0% in the 2nd quarter. Larson Financial Group LLC now owns 2,623 shares of the company’s stock valued at $248,000 after purchasing an additional 124 shares during the period. Concourse Financial Group Securities Inc. raised its stake in iShares U.S. Financials ETF by 26.5% in the third quarter. Concourse Financial Group Securities Inc. now owns 879 shares of the company’s stock valued at $91,000 after purchasing an additional 184 shares in the last quarter. Finally, HCR Wealth Advisors raised its position in iShares U.S. Financials ETF by 5.0% during the third quarter. HCR Wealth Advisors now owns 4,124 shares of the company’s stock valued at $429,000 after purchasing an additional 195 shares in the last quarter.

iShares U.S. Financials ETF Stock Up 0.2 %

iShares U.S. Financials ETF stock opened at $108.41 on Thursday. The firm has a fifty day simple moving average of $104.64 and a two-hundred day simple moving average of $98.74. iShares U.S. Financials ETF has a twelve month low of $71.79 and a twelve month high of $110.10. The company has a market capitalization of $3.01 billion, a PE ratio of 16.14 and a beta of 0.84.

About iShares U.S. Financials ETF

iShares U.S. Financials ETF, formerly iShares Dow Jones U.S. Financial Sector Index Fund, seeks investment results that correspond generally to the price and yield performance of the Dow Jones U.S. Financials Index (the Index). The Index measures the performance of the financial sector of the United States equity market, and includes companies in industry groups, such as banks, non-life insurance, life insurance, real estate and general finance.