iShares U.S. Financials ETF (NYSEARCA:IYF) Shares Acquired by IPG Investment Advisors LLC

IPG Investment Advisors LLC increased its stake in shares of iShares U.S. Financials ETF (NYSEARCA:IYF) by 28.1% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,676 shares of the company’s stock after purchasing an additional 587 shares during the quarter. IPG Investment Advisors LLC’s holdings in iShares U.S. Financials ETF were worth $296,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also recently added to or reduced their stakes in the company. Private Trust Co. NA grew its holdings in shares of iShares U.S. Financials ETF by 50.5% during the fourth quarter. Private Trust Co. NA now owns 301 shares of the company’s stock worth $33,000 after buying an additional 101 shares in the last quarter. Kestra Investment Management LLC acquired a new stake in iShares U.S. Financials ETF during the fourth quarter worth approximately $34,000. Newbridge Financial Services Group Inc. purchased a new stake in iShares U.S. Financials ETF in the 4th quarter worth approximately $37,000. Stonebridge Financial Group LLC acquired a new position in iShares U.S. Financials ETF in the 4th quarter valued at $37,000. Finally, Lee Danner & Bass Inc. purchased a new position in shares of iShares U.S. Financials ETF during the 4th quarter worth $39,000.

iShares U.S. Financials ETF Trading Down 1.8 %

Shares of NYSEARCA:IYF opened at $111.69 on Friday. The firm has a market cap of $3.62 billion, a price-to-earnings ratio of 15.00 and a beta of 1.08. The stock’s 50-day moving average price is $115.30 and its two-hundred day moving average price is $112.00. iShares U.S. Financials ETF has a 12-month low of $89.10 and a 12-month high of $119.90.

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.