Kingsview Wealth Management LLC Buys New Shares in iShares U.S. Financials ETF (NYSEARCA:IYF)

Kingsview Wealth Management LLC purchased a new position in shares of iShares U.S. Financials ETF (NYSEARCA:IYF) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 34,689 shares of the company’s stock, valued at approximately $3,836,000. Kingsview Wealth Management LLC owned 0.13% of iShares U.S. Financials ETF as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also added to or reduced their stakes in the company. Bank of Montreal Can lifted its holdings in shares of iShares U.S. Financials ETF by 705.1% during the third quarter. Bank of Montreal Can now owns 431,608 shares of the company’s stock worth $44,658,000 after purchasing an additional 377,999 shares during the period. The Manufacturers Life Insurance Company lifted its stake in iShares U.S. Financials ETF by 28.5% during the 3rd quarter. The Manufacturers Life Insurance Company now owns 769,351 shares of the company’s stock valued at $79,936,000 after acquiring an additional 170,769 shares during the period. Apollon Wealth Management LLC boosted its holdings in shares of iShares U.S. Financials ETF by 1,161.0% in the 3rd quarter. Apollon Wealth Management LLC now owns 124,235 shares of the company’s stock valued at $12,908,000 after acquiring an additional 114,383 shares during the last quarter. International Assets Investment Management LLC increased its stake in shares of iShares U.S. Financials ETF by 10,290.9% in the third quarter. International Assets Investment Management LLC now owns 100,584 shares of the company’s stock worth $10,451,000 after acquiring an additional 99,616 shares during the period. Finally, MinichMacGregor Wealth Management LLC purchased a new position in shares of iShares U.S. Financials ETF during the third quarter worth $9,741,000.

iShares U.S. Financials ETF Stock Performance

Shares of IYF opened at $118.67 on Monday. The business’s 50-day moving average is $114.15 and its two-hundred day moving average is $108.61. The company has a market capitalization of $3.29 billion, a P/E ratio of 16.14 and a beta of 0.84. iShares U.S. Financials ETF has a fifty-two week low of $86.24 and a fifty-two week 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.