Christopher J. Hasenberg Inc Acquires Shares of 1,178 iShares U.S. Financials ETF (NYSEARCA:IYF)

Christopher J. Hasenberg Inc bought a new position in shares of iShares U.S. Financials ETF (NYSEARCA:IYF) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 1,178 shares of the company’s stock, valued at approximately $130,000.

A number of other hedge funds and other institutional investors also recently bought and sold shares of IYF. The Manufacturers Life Insurance Company acquired a new stake in shares of iShares U.S. Financials ETF in the second quarter valued at approximately $56,608,000. Bank of Montreal Can lifted its holdings in shares of iShares U.S. Financials ETF by 705.1% during the 3rd quarter. Bank of Montreal Can now owns 431,608 shares of the company’s stock worth $44,658,000 after acquiring an additional 377,999 shares during the period. Wulff Hansen & CO. boosted its holdings in shares of iShares U.S. Financials ETF by 9,357.0% in the 2nd quarter. Wulff Hansen & CO. now owns 262,432 shares of the company’s stock valued at $24,818,000 after purchasing an additional 259,657 shares during the last quarter. Apollon Wealth Management LLC boosted its holdings in iShares U.S. Financials ETF by 1,161.0% in the third quarter. Apollon Wealth Management LLC now owns 124,235 shares of the company’s stock valued at $12,908,000 after acquiring an additional 114,383 shares during the last quarter. Finally, International Assets Investment Management LLC lifted its stake in shares of iShares U.S. Financials ETF by 10,290.9% in the 3rd quarter. International Assets Investment Management LLC now owns 100,584 shares of the company’s stock valued at $10,451,000 after purchasing an additional 99,616 shares in the last quarter.

iShares U.S. Financials ETF Stock Up 1.5 %

IYF opened at $110.93 on Wednesday. iShares U.S. Financials ETF has a 52-week low of $83.28 and a 52-week high of $119.90. The company has a 50 day moving average of $113.79 and a two-hundred day moving average of $106.22. The company has a market cap of $3.08 billion, a P/E 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.