Stratos Investment Management LLC boosted its holdings in shares of iShares U.S. Financials ETF (NYSEARCA:IYF – Free Report) by 4.7% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 5,516 shares of the company’s stock after acquiring an additional 247 shares during the quarter. Stratos Investment Management LLC’s holdings in iShares U.S. Financials ETF were worth $610,000 at the end of the most recent quarter.
Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Bogart Wealth LLC increased 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 worth $43,000 after acquiring an additional 106 shares during the last quarter. Larson Financial Group LLC grew its stake in shares of iShares U.S. Financials ETF by 5.5% in the third quarter. Larson Financial Group LLC now owns 2,768 shares of the company’s stock valued at $288,000 after buying an additional 145 shares in the last quarter. Whitener Capital Management Inc. grew its stake in shares of iShares U.S. Financials ETF by 4.3% in the fourth quarter. Whitener Capital Management Inc. now owns 3,959 shares of the company’s stock valued at $438,000 after buying an additional 164 shares in the last quarter. Concourse Financial Group Securities Inc. grew its stake 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 valued at $91,000 after buying an additional 184 shares in the last quarter. Finally, HCR Wealth Advisors grew its stake in shares of iShares U.S. Financials ETF by 5.0% in the third quarter. HCR Wealth Advisors now owns 4,124 shares of the company’s stock valued at $429,000 after buying an additional 195 shares in the last quarter.
iShares U.S. Financials ETF Trading Up 0.8 %
Shares of NYSEARCA IYF opened at $118.05 on Thursday. iShares U.S. Financials ETF has a twelve month low of $86.24 and a twelve month high of $119.90. The stock has a fifty day simple moving average of $114.17 and a 200-day simple moving average of $108.28. The stock has a market capitalization of $3.28 billion, a PE ratio of 16.14 and a beta of 0.84.
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.
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