Harbour Investments Inc. Grows Holdings in iShares U.S. Financials ETF (NYSEARCA:IYF)

Harbour Investments Inc. raised its stake in iShares U.S. Financials ETF (NYSEARCA:IYF) by 122.3% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 2,877 shares of the company’s stock after purchasing an additional 1,583 shares during the period. Harbour Investments Inc.’s holdings in iShares U.S. Financials ETF were worth $318,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently modified their holdings of the stock. Tidemark LLC bought a new stake in shares of iShares U.S. Financials ETF in the 4th quarter worth about $159,000. Picton Mahoney Asset Management bought a new stake in shares of iShares U.S. Financials ETF in the 4th quarter worth about $100,000. May Barnhard Investments LLC bought a new stake in shares of iShares U.S. Financials ETF in the 4th quarter worth about $688,000. Commonwealth Equity Services LLC increased its position in shares of iShares U.S. Financials ETF by 95.8% in the 4th quarter. Commonwealth Equity Services LLC now owns 241,559 shares of the company’s stock worth $26,712,000 after purchasing an additional 118,180 shares during the last quarter. Finally, Avantax Advisory Services Inc. boosted its holdings in shares of iShares U.S. Financials ETF by 27.9% in the 4th quarter. Avantax Advisory Services Inc. now owns 5,847 shares of the company’s stock valued at $647,000 after buying an additional 1,275 shares during the period.

iShares U.S. Financials ETF Stock Performance

NYSEARCA IYF opened at $112.23 on Friday. iShares U.S. Financials ETF has a one year low of $89.10 and a one year high of $119.90. The company has a 50-day simple moving average of $115.21 and a 200-day simple moving average of $111.54. The firm has a market capitalization of $3.64 billion, a PE ratio of 15.00 and a beta of 1.08.

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.