Sanctuary Advisors LLC Purchases 23,698 Shares of iShares U.S. Financials ETF (NYSEARCA:IYF)

Sanctuary Advisors LLC lifted its position in shares of iShares U.S. Financials ETF (NYSEARCA:IYF) by 85.9% during the third quarter, Holdings Channel.com reports. The institutional investor owned 51,301 shares of the company’s stock after acquiring an additional 23,698 shares during the quarter. Sanctuary Advisors LLC’s holdings in iShares U.S. Financials ETF were worth $5,330,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in IYF. Wealth Enhancement Advisory Services LLC grew its holdings in iShares U.S. Financials ETF by 4.6% during the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 9,864 shares of the company’s stock worth $933,000 after acquiring an additional 430 shares in the last quarter. Raymond James & Associates boosted its stake in shares of iShares U.S. Financials ETF by 4.8% during the second quarter. Raymond James & Associates now owns 97,072 shares of the company’s stock valued at $9,180,000 after purchasing an additional 4,460 shares in the last quarter. Ironwood Wealth Management LLC. increased its holdings in iShares U.S. Financials ETF by 4.9% during the second quarter. Ironwood Wealth Management LLC. now owns 5,936 shares of the company’s stock valued at $561,000 after buying an additional 279 shares during the period. XML Financial LLC raised its stake in iShares U.S. Financials ETF by 3.3% in the second quarter. XML Financial LLC now owns 107,291 shares of the company’s stock worth $10,146,000 after buying an additional 3,379 shares in the last quarter. Finally, Transcendent Capital Group LLC purchased a new stake in iShares U.S. Financials ETF during the second quarter worth $3,303,000.

iShares U.S. Financials ETF Trading Down 0.3 %

Shares of NYSEARCA:IYF opened at $114.08 on Monday. The company has a market capitalization of $3.17 billion, a PE ratio of 16.14 and a beta of 0.84. iShares U.S. Financials ETF has a 12-month low of $83.28 and a 12-month high of $119.90. The business’s fifty day simple moving average is $112.19 and its 200-day simple moving average is $103.60.

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.