Millennium Management LLC grew its holdings in iShares U.S. Financials ETF (NYSEARCA:IYF – Free Report) by 0.7% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 16,659 shares of the company’s stock after buying an additional 108 shares during the quarter. Millennium Management LLC owned about 0.06% of iShares U.S. Financials ETF worth $1,842,000 at the end of the most recent quarter.
Other hedge funds have also modified their holdings of the company. Spire Wealth Management increased its stake in iShares U.S. Financials ETF by 1,693.1% in the 4th quarter. Spire Wealth Management now owns 15,259 shares of the company’s stock valued at $1,687,000 after purchasing an additional 14,408 shares in the last quarter. U.S. Capital Wealth Advisors LLC purchased a new position in iShares U.S. Financials ETF in the 4th quarter valued at approximately $839,000. Muirfield Wealth Advisors LLC purchased a new position in iShares U.S. Financials ETF in the 4th quarter valued at approximately $359,000. Financial Life Planners purchased a new position in iShares U.S. Financials ETF in the 4th quarter valued at approximately $42,000. Finally, Sargent Investment Group LLC purchased a new position in iShares U.S. Financials ETF in the 4th quarter valued at approximately $561,000.
iShares U.S. Financials ETF Price Performance
NYSEARCA IYF opened at $116.36 on Tuesday. iShares U.S. Financials ETF has a 1-year low of $92.00 and a 1-year high of $119.90. The company has a market capitalization of $3.50 billion, a P/E ratio of 14.93 and a beta of 1.02. The business has a 50 day moving average price of $110.64 and a 200 day moving average price of $113.21.
iShares U.S. Financials ETF Company 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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