Finley Financial LLC Makes New Investment in iShares U.S. Financials ETF (NYSEARCA:IYF)

Finley Financial LLC acquired a new position in iShares U.S. Financials ETF (NYSEARCA:IYF) in the fourth quarter, HoldingsChannel.com reports. The institutional investor acquired 74,280 shares of the company’s stock, valued at approximately $8,456,000. iShares U.S. Financials ETF accounts for approximately 4.4% of Finley Financial LLC’s holdings, making the stock its 8th biggest position.

A number of other institutional investors have also added to or reduced their stakes in IYF. Capital Performance Advisors LLP purchased a new stake in shares of iShares U.S. Financials ETF in the third quarter worth $41,000. Bogart Wealth LLC grew its stake in shares of iShares U.S. Financials ETF by 34.2% in the third quarter. Bogart Wealth LLC now owns 416 shares of the company’s stock worth $43,000 after acquiring an additional 106 shares during the last quarter. Anchor Investment Management LLC grew its stake in shares of iShares U.S. Financials ETF by 320.0% in the third quarter. Anchor Investment Management LLC now owns 693 shares of the company’s stock worth $72,000 after acquiring an additional 528 shares during the last quarter. Concourse Financial Group Securities Inc. grew its stake in shares of iShares U.S. Financials ETF by 26.5% in the third quarter. Concourse Financial Group Securities Inc. now owns 879 shares of the company’s stock worth $91,000 after acquiring an additional 184 shares during the last quarter. Finally, Christopher J. Hasenberg Inc purchased a new stake in shares of iShares U.S. Financials ETF in the fourth quarter worth $130,000.

iShares U.S. Financials ETF Trading Up 0.9 %

NYSEARCA IYF opened at $116.89 on Wednesday. iShares U.S. Financials ETF has a 12 month low of $85.37 and a 12 month high of $119.90. The stock has a market cap of $3.24 billion, a P/E ratio of 16.14 and a beta of 0.84. The stock’s fifty day moving average price is $113.92 and its 200-day moving average price is $106.93.

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.