iShares U.S. Financials ETF (NYSEARCA:IYF) Position Increased by HF Advisory Group LLC

HF Advisory Group LLC raised its stake in iShares U.S. Financials ETF (NYSEARCA:IYF) by 19.3% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 6,593 shares of the company’s stock after buying an additional 1,068 shares during the period. HF Advisory Group LLC’s holdings in iShares U.S. Financials ETF were worth $685,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. Rothschild Investment LLC purchased a new stake in shares of iShares U.S. Financials ETF during the second quarter valued at $25,000. GPS Wealth Strategies Group LLC raised its holdings in iShares U.S. Financials ETF by 436.0% during the 2nd quarter. GPS Wealth Strategies Group LLC now owns 268 shares of the company’s stock worth $25,000 after buying an additional 218 shares during the period. Bogart Wealth LLC lifted its stake in iShares U.S. Financials ETF by 34.2% during the third quarter. Bogart Wealth LLC now owns 416 shares of the company’s stock valued at $43,000 after buying an additional 106 shares in the last quarter. Thurston Springer Miller Herd & Titak Inc. purchased a new stake in iShares U.S. Financials ETF during the second quarter valued at about $57,000. Finally, Concourse Financial Group Securities Inc. boosted its holdings 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 buying an additional 184 shares during the period.

iShares U.S. Financials ETF Price Performance

IYF stock opened at $107.18 on Wednesday. The firm has a market capitalization of $2.97 billion, a P/E ratio of 16.14 and a beta of 0.84. iShares U.S. Financials ETF has a 52-week low of $75.12 and a 52-week high of $110.10. The company’s 50 day simple moving average is $104.98 and its 200-day simple moving average is $99.27.

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.