2,139 Shares in iShares U.S. Financials ETF (NYSEARCA:IYF) Acquired by Daymark Wealth Partners LLC

Daymark Wealth Partners LLC bought a new stake in iShares U.S. Financials ETF (NYSEARCA:IYF) during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm bought 2,139 shares of the company’s stock, valued at approximately $202,000.

Other hedge funds have also recently added to or reduced their stakes in the company. Harmony Asset Management LLC increased its holdings in shares of iShares U.S. Financials ETF by 2.6% during the second quarter. Harmony Asset Management LLC now owns 17,524 shares of the company’s stock valued at $1,657,000 after purchasing an additional 442 shares during the period. Summit Trail Advisors LLC increased its stake in iShares U.S. Financials ETF by 15.4% during the 2nd quarter. Summit Trail Advisors LLC now owns 3,618 shares of the company’s stock valued at $342,000 after buying an additional 484 shares during the period. Thrivent Financial for Lutherans increased its stake in iShares U.S. Financials ETF by 1.9% during the 2nd quarter. Thrivent Financial for Lutherans now owns 108,016 shares of the company’s stock valued at $10,215,000 after buying an additional 1,988 shares during the period. Somerset Group LLC raised its position in shares of iShares U.S. Financials ETF by 0.5% during the 2nd quarter. Somerset Group LLC now owns 22,995 shares of the company’s stock worth $2,175,000 after buying an additional 114 shares in the last quarter. Finally, Renaissance Technologies LLC acquired a new stake in shares of iShares U.S. Financials ETF in the 2nd quarter worth approximately $236,000.

iShares U.S. Financials ETF Price Performance

iShares U.S. Financials ETF stock opened at $103.47 on Friday. iShares U.S. Financials ETF has a 12-month low of $70.45 and a 12-month high of $105.20. The stock has a market capitalization of $2.87 billion, a PE ratio of 16.14 and a beta of 0.84. The firm has a 50 day simple moving average of $101.10 and a 200-day simple moving average of $96.67.

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.