J.W. Cole Advisors Inc. Increases Holdings in iShares U.S. Financials ETF $IYF

J.W. Cole Advisors Inc. increased its stake in iShares U.S. Financials ETF (NYSEARCA:IYF) by 208.9% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 16,599 shares of the company’s stock after acquiring an additional 11,226 shares during the period. J.W. Cole Advisors Inc.’s holdings in iShares U.S. Financials ETF were worth $2,008,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in IYF. Picton Mahoney Asset Management boosted its holdings in shares of iShares U.S. Financials ETF by 11.1% in the 1st quarter. Picton Mahoney Asset Management now owns 1,000 shares of the company’s stock worth $113,000 after purchasing an additional 100 shares during the period. National Bank of Canada FI increased its position in iShares U.S. Financials ETF by 1.4% during the first quarter. National Bank of Canada FI now owns 7,453 shares of the company’s stock valued at $841,000 after acquiring an additional 100 shares during the last quarter. CreativeOne Wealth LLC increased its position in iShares U.S. Financials ETF by 1.7% during the first quarter. CreativeOne Wealth LLC now owns 5,963 shares of the company’s stock valued at $673,000 after acquiring an additional 101 shares during the last quarter. TD Waterhouse Canada Inc. raised its stake in shares of iShares U.S. Financials ETF by 6.0% in the second quarter. TD Waterhouse Canada Inc. now owns 1,808 shares of the company’s stock valued at $220,000 after acquiring an additional 102 shares during the period. Finally, Rise Advisors LLC lifted its holdings in shares of iShares U.S. Financials ETF by 60.4% in the 2nd quarter. Rise Advisors LLC now owns 364 shares of the company’s stock worth $44,000 after acquiring an additional 137 shares during the last quarter.

iShares U.S. Financials ETF Trading Up 0.7%

Shares of NYSEARCA:IYF opened at $125.97 on Friday. iShares U.S. Financials ETF has a 12 month low of $95.34 and a 12 month high of $128.07. The company has a market capitalization of $4.18 billion, a price-to-earnings ratio of 16.42 and a beta of 1.02. The firm’s 50-day moving average is $123.85 and its 200 day moving average is $121.86.

iShares U.S. Financials ETF Profile

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.