Kesler Norman & Wride LLC raised its holdings in iShares U.S. Financials ETF (NYSEARCA:IYF – Free Report) by 15.9% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The fund owned 10,129 shares of the company’s stock after buying an additional 1,393 shares during the quarter. Kesler Norman & Wride LLC’s holdings in iShares U.S. Financials ETF were worth $1,120,000 at the end of the most recent reporting period.
A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in IYF. Schroder Investment Management Group lifted its stake in shares of iShares U.S. Financials ETF by 326.7% during the fourth quarter. Schroder Investment Management Group now owns 1,118,327 shares of the company’s stock worth $123,653,000 after buying an additional 856,252 shares during the period. LPL Financial LLC raised its stake in iShares U.S. Financials ETF by 33.8% in the 4th quarter. LPL Financial LLC now owns 678,478 shares of the company’s stock worth $75,026,000 after acquiring an additional 171,559 shares during the last quarter. Commonwealth Equity Services LLC lifted its position in iShares U.S. Financials ETF by 95.8% during the 4th quarter. Commonwealth Equity Services LLC now owns 241,559 shares of the company’s stock worth $26,712,000 after acquiring an additional 118,180 shares during the period. Magnus Financial Group LLC grew its stake in iShares U.S. Financials ETF by 2.4% during the 4th quarter. Magnus Financial Group LLC now owns 193,219 shares of the company’s stock valued at $21,366,000 after purchasing an additional 4,573 shares during the last quarter. Finally, MinichMacGregor Wealth Management LLC grew its stake in iShares U.S. Financials ETF by 93.1% during the 4th quarter. MinichMacGregor Wealth Management LLC now owns 181,005 shares of the company’s stock valued at $20,016,000 after purchasing an additional 87,248 shares during the last quarter.
iShares U.S. Financials ETF Stock Down 0.0 %
Shares of NYSEARCA:IYF opened at $112.82 on Wednesday. iShares U.S. Financials ETF has a 52-week low of $89.10 and a 52-week high of $119.90. The stock has a market cap of $3.71 billion, a price-to-earnings ratio of 15.34 and a beta of 0.99. The business has a 50-day moving average price of $115.16 and a 200-day moving average price of $112.24.
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.
See Also
- Five stocks we like better than iShares U.S. Financials ETF
- Stock Market Sectors: What Are They and How Many Are There?
- D-Wave: Multiple Use Cases Emerge Following Quantum Supremacy
- What is a Special Dividend?
- Amazon Falls Back to a Key Support Line: Here’s How to Play It
- How to Invest in Small Cap Stocks
- Buffett Trims Equities, But Still Keeps Buying This Stock
Want to see what other hedge funds are holding IYF? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares U.S. Financials ETF (NYSEARCA:IYF – Free Report).
Receive News & Ratings for iShares U.S. Financials ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares U.S. Financials ETF and related companies with MarketBeat.com's FREE daily email newsletter.