Stonebridge Financial Group LLC Takes Position in iShares U.S. Financials ETF (NYSEARCA:IYF)

Stonebridge Financial Group LLC acquired a new position in iShares U.S. Financials ETF (NYSEARCA:IYF) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 337 shares of the company’s stock, valued at approximately $37,000.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Park Avenue Securities LLC lifted its holdings in iShares U.S. Financials ETF by 36.4% during the 4th quarter. Park Avenue Securities LLC now owns 3,048 shares of the company’s stock worth $337,000 after buying an additional 813 shares during the period. Janney Montgomery Scott LLC lifted its stake in shares of iShares U.S. Financials ETF by 16.2% in the fourth quarter. Janney Montgomery Scott LLC now owns 53,268 shares of the company’s stock worth $5,890,000 after acquiring an additional 7,441 shares during the period. Atria Investments Inc boosted its holdings in iShares U.S. Financials ETF by 3.7% in the third quarter. Atria Investments Inc now owns 7,288 shares of the company’s stock valued at $757,000 after acquiring an additional 261 shares during the last quarter. Merit Financial Group LLC acquired a new stake in iShares U.S. Financials ETF during the 4th quarter valued at approximately $523,000. Finally, International Assets Investment Management LLC raised its holdings in iShares U.S. Financials ETF by 10,290.9% during the 3rd quarter. International Assets Investment Management LLC now owns 100,584 shares of the company’s stock worth $10,451,000 after purchasing an additional 99,616 shares during the last quarter.

iShares U.S. Financials ETF Stock Performance

Shares of NYSEARCA IYF opened at $118.41 on Friday. The company’s 50 day moving average price is $114.17 and its 200-day moving average price is $108.98. iShares U.S. Financials ETF has a 52-week low of $87.36 and a 52-week high of $119.90. The company has a market capitalization of $3.29 billion, a P/E ratio of 16.14 and a beta of 0.84.

About iShares U.S. Financials ETF

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.