iShares U.S. Financials ETF $IYF Shares Purchased by Citadel Advisors LLC

Citadel Advisors LLC raised its holdings in shares of iShares U.S. Financials ETF (NYSEARCA:IYF) by 66.4% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 9,483 shares of the company’s stock after acquiring an additional 3,783 shares during the period. Citadel Advisors LLC’s holdings in iShares U.S. Financials ETF were worth $1,209,000 as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in the business. Financial Life Planners acquired a new position in iShares U.S. Financials ETF during the 1st quarter worth $25,000. Hazlett Burt & Watson Inc. increased its holdings in shares of iShares U.S. Financials ETF by 666.7% during the fourth quarter. Hazlett Burt & Watson Inc. now owns 230 shares of the company’s stock valued at $30,000 after purchasing an additional 200 shares during the period. Murphy & Mullick Capital Management Corp acquired a new position in shares of iShares U.S. Financials ETF during the fourth quarter valued at $32,000. MCF Advisors LLC bought a new stake in shares of iShares U.S. Financials ETF during the fourth quarter valued at about $34,000. Finally, BNP Paribas Financial Markets bought a new stake in shares of iShares U.S. Financials ETF during the third quarter valued at about $34,000.

iShares U.S. Financials ETF Stock Down 0.3%

IYF stock opened at $134.91 on Friday. The company has a market capitalization of $4.55 billion, a P/E ratio of 16.42 and a beta of 0.89. The company has a 50-day simple moving average of $135.56 and a 200 day simple moving average of $127.28. iShares U.S. Financials ETF has a fifty-two week low of $113.62 and a fifty-two week high of $139.09.

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