Kestra Investment Management LLC purchased a new stake in shares of iShares U.S. Financials ETF (NYSEARCA:IYF – Free Report) during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 310 shares of the company’s stock, valued at approximately $34,000.
A number of other institutional investors and hedge funds have also bought and sold shares of the business. Larson Financial Group LLC raised its holdings in iShares U.S. Financials ETF by 5.5% during the third quarter. Larson Financial Group LLC now owns 2,768 shares of the company’s stock valued at $288,000 after acquiring an additional 145 shares during the period. Principal Securities Inc. increased its holdings in shares of iShares U.S. Financials ETF by 12.5% in the fourth quarter. Principal Securities Inc. now owns 1,366 shares of the company’s stock worth $151,000 after purchasing an additional 152 shares during the last quarter. Whitener Capital Management Inc. increased its holdings in shares of iShares U.S. Financials ETF by 4.3% in the fourth quarter. Whitener Capital Management Inc. now owns 3,959 shares of the company’s stock worth $438,000 after purchasing an additional 164 shares during the last quarter. Choreo LLC increased its holdings in shares of iShares U.S. Financials ETF by 8.4% in the fourth quarter. Choreo LLC now owns 2,576 shares of the company’s stock worth $285,000 after purchasing an additional 200 shares during the last quarter. Finally, Money Concepts Capital Corp increased its holdings in shares of iShares U.S. Financials ETF by 9.7% in the fourth quarter. Money Concepts Capital Corp now owns 2,297 shares of the company’s stock worth $254,000 after purchasing an additional 203 shares during the last quarter.
iShares U.S. Financials ETF Trading Down 1.6 %
Shares of IYF stock opened at $115.44 on Friday. iShares U.S. Financials ETF has a 12-month low of $89.10 and a 12-month high of $119.90. The stock’s 50-day moving average price is $114.56 and its 200-day moving average price is $109.84. The stock has a market capitalization of $3.20 billion, a price-to-earnings 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.
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