Nikulski Financial Inc. Grows Position in iShares U.S. Financials ETF (NYSEARCA:IYF)

Nikulski Financial Inc. boosted its stake in shares of iShares U.S. Financials ETF (NYSEARCA:IYF) by 5.6% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 15,099 shares of the company’s stock after purchasing an additional 796 shares during the period. Nikulski Financial Inc.’s holdings in iShares U.S. Financials ETF were worth $1,670,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in the stock. Atria Investments Inc raised its position in shares of iShares U.S. Financials ETF by 3.7% in the 3rd quarter. Atria Investments Inc now owns 7,288 shares of the company’s stock worth $757,000 after buying an additional 261 shares during the period. Merit Financial Group LLC acquired a new stake in iShares U.S. Financials ETF during the fourth quarter worth about $523,000. Ironwood Wealth Management LLC. raised its holdings in shares of iShares U.S. Financials ETF by 4.9% in the 2nd quarter. Ironwood Wealth Management LLC. now owns 5,936 shares of the company’s stock worth $561,000 after purchasing an additional 279 shares during the period. Park Avenue Securities LLC raised its holdings in shares of iShares U.S. Financials ETF by 36.4% in the 4th quarter. Park Avenue Securities LLC now owns 3,048 shares of the company’s stock worth $337,000 after purchasing an additional 813 shares during the period. Finally, Retirement Planning Group LLC grew its holdings in shares of iShares U.S. Financials ETF by 13.3% during the 3rd quarter. Retirement Planning Group LLC now owns 2,961 shares of the company’s stock worth $308,000 after purchasing an additional 348 shares during the period.

iShares U.S. Financials ETF Price Performance

Shares of IYF opened at $117.09 on Friday. iShares U.S. Financials ETF has a 12 month low of $85.37 and a 12 month high of $119.90. The stock’s 50-day moving average is $114.01 and its two-hundred day moving average is $107.22. The stock has a market cap of $3.25 billion, a PE ratio of 16.14 and a beta of 0.84.

iShares U.S. Financials ETF 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.