1,928 Shares in iShares U.S. Financials ETF (NYSEARCA:IYF) Purchased by Focus Partners Wealth

Focus Partners Wealth bought a new position in iShares U.S. Financials ETF (NYSEARCA:IYF) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 1,928 shares of the company’s stock, valued at approximately $213,000.

A number of other hedge funds also recently made changes to their positions in IYF. Park Avenue Securities LLC increased its stake in iShares U.S. Financials ETF by 36.4% during the fourth quarter. Park Avenue Securities LLC now owns 3,048 shares of the company’s stock worth $337,000 after acquiring an additional 813 shares during the last quarter. Merit Financial Group LLC bought a new stake in iShares U.S. Financials ETF during the fourth quarter worth approximately $523,000. Janney Montgomery Scott LLC increased its stake in iShares U.S. Financials ETF by 16.2% during the fourth quarter. Janney Montgomery Scott LLC now owns 53,268 shares of the company’s stock worth $5,890,000 after acquiring an additional 7,441 shares during the last quarter. Mutual Advisors LLC increased its stake in iShares U.S. Financials ETF by 125.9% during the fourth quarter. Mutual Advisors LLC now owns 21,563 shares of the company’s stock worth $2,476,000 after acquiring an additional 12,019 shares during the last quarter. Finally, Avior Wealth Management LLC increased its stake in iShares U.S. Financials ETF by 13.1% during the fourth quarter. Avior Wealth Management LLC now owns 13,704 shares of the company’s stock worth $1,515,000 after acquiring an additional 1,589 shares during the last quarter.

iShares U.S. Financials ETF Price Performance

Shares of NYSEARCA IYF opened at $114.40 on Friday. The business’s 50 day moving average is $110.37 and its two-hundred day moving average is $113.18. iShares U.S. Financials ETF has a 1-year low of $92.00 and a 1-year high of $119.90. The stock has a market capitalization of $3.44 billion, a P/E ratio of 14.93 and a beta of 1.02.

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.