Schroder Investment Management Group Increases Position in iShares U.S. Financials ETF (NYSEARCA:IYF)

Schroder Investment Management Group increased its stake in shares of iShares U.S. Financials ETF (NYSEARCA:IYF) by 326.7% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 1,118,327 shares of the company’s stock after buying an additional 856,252 shares during the quarter. Schroder Investment Management Group’s holdings in iShares U.S. Financials ETF were worth $123,653,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in the stock. Private Trust Co. NA lifted its position in iShares U.S. Financials ETF by 50.5% during the 4th quarter. Private Trust Co. NA now owns 301 shares of the company’s stock worth $33,000 after acquiring an additional 101 shares during the period. Kellett Wealth Advisors LLC raised its stake in shares of iShares U.S. Financials ETF by 4.4% during the fourth quarter. Kellett Wealth Advisors LLC now owns 2,848 shares of the company’s stock worth $315,000 after purchasing an additional 120 shares during the last quarter. Principal Securities Inc. lifted its holdings in shares of iShares U.S. Financials ETF by 12.5% during the fourth quarter. Principal Securities Inc. now owns 1,366 shares of the company’s stock worth $151,000 after purchasing an additional 152 shares during the period. WESPAC Advisors LLC grew its position in iShares U.S. Financials ETF by 1.5% in the 4th quarter. WESPAC Advisors LLC now owns 10,621 shares of the company’s stock valued at $1,174,000 after buying an additional 156 shares during the last quarter. Finally, Whitener Capital Management Inc. increased its stake in iShares U.S. Financials ETF by 4.3% in the 4th 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 during the period.

iShares U.S. Financials ETF Stock Performance

Shares of iShares U.S. Financials ETF stock opened at $111.69 on Monday. The company has a market cap of $3.62 billion, a P/E ratio of 15.00 and a beta of 1.08. The firm has a fifty day moving average of $115.30 and a two-hundred day moving average of $112.08. iShares U.S. Financials ETF has a one year low of $89.10 and a one year high of $119.90.

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.