968 Shares in iShares U.S. Financials ETF (NYSEARCA:IYF) Bought by International Assets Investment Management LLC

International Assets Investment Management LLC acquired a new stake in iShares U.S. Financials ETF (NYSEARCA:IYF) in the second quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor acquired 968 shares of the company’s stock, valued at approximately $92,000.

Several other large investors have also recently made changes to their positions in the business. GPS Wealth Strategies Group LLC raised its holdings in shares of iShares U.S. Financials ETF by 436.0% in the 2nd quarter. GPS Wealth Strategies Group LLC now owns 268 shares of the company’s stock worth $25,000 after purchasing an additional 218 shares during the period. Global Trust Asset Management LLC raised its stake in shares of iShares U.S. Financials ETF by 81.1% in the first quarter. Global Trust Asset Management LLC now owns 335 shares of the company’s stock valued at $32,000 after buying an additional 150 shares during the period. Thurston Springer Miller Herd & Titak Inc. bought a new position in shares of iShares U.S. Financials ETF during the 2nd quarter worth $57,000. Principal Securities Inc. bought a new position in shares of iShares U.S. Financials ETF during the 4th quarter worth $63,000. Finally, Mitchell Sinkler & Starr PA purchased a new stake in iShares U.S. Financials ETF in the 4th quarter worth about $67,000.

iShares U.S. Financials ETF Stock Down 1.1 %

NYSEARCA IYF opened at $103.92 on Wednesday. The company has a market cap of $2.88 billion, a PE ratio of 16.14 and a beta of 0.84. The firm’s 50-day simple moving average is $98.97 and its two-hundred day simple moving average is $95.20. iShares U.S. Financials ETF has a 52 week low of $70.45 and a 52 week high of $105.20.

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.