Sanctuary Advisors LLC Increases Holdings in iShares U.S. Financials ETF $IYF

Sanctuary Advisors LLC boosted its stake in shares of iShares U.S. Financials ETF (NYSEARCA:IYF) by 14.0% during the first quarter, HoldingsChannel.com reports. The institutional investor owned 110,053 shares of the company’s stock after purchasing an additional 13,557 shares during the quarter. Sanctuary Advisors LLC’s holdings in iShares U.S. Financials ETF were worth $12,949,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in the stock. Northwestern Mutual Wealth Management Co. increased its stake in shares of iShares U.S. Financials ETF by 488.4% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 3,913,622 shares of the company’s stock worth $504,583,000 after acquiring an additional 3,248,510 shares during the last quarter. Dynasty Wealth Management LLC increased its holdings in shares of iShares U.S. Financials ETF by 545.2% during the 4th quarter. Dynasty Wealth Management LLC now owns 1,762,552 shares of the company’s stock worth $227,246,000 after buying an additional 1,489,376 shares during the last quarter. Bank of America Corp DE increased its holdings in shares of iShares U.S. Financials ETF by 5.7% during the 3rd quarter. Bank of America Corp DE now owns 1,586,519 shares of the company’s stock worth $200,917,000 after buying an additional 86,197 shares during the last quarter. JPMorgan Chase & Co. raised its position in shares of iShares U.S. Financials ETF by 184.1% during the 4th quarter. JPMorgan Chase & Co. now owns 1,053,341 shares of the company’s stock valued at $135,807,000 after buying an additional 682,543 shares during the period. Finally, Sagespring Wealth Partners LLC raised its position in shares of iShares U.S. Financials ETF by 247.2% during the 4th quarter. Sagespring Wealth Partners LLC now owns 826,819 shares of the company’s stock valued at $106,602,000 after buying an additional 588,659 shares during the period.

iShares U.S. Financials ETF Stock Performance

Shares of iShares U.S. Financials ETF stock opened at $134.56 on Friday. The firm has a market capitalization of $4.27 billion, a price-to-earnings ratio of 16.42 and a beta of 0.90. iShares U.S. Financials ETF has a fifty-two week low of $113.62 and a fifty-two week high of $135.05. The stock has a 50 day moving average of $126.84 and a 200 day moving average of $125.04.

iShares U.S. Financials ETF Company 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. The Company invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.