Farther Finance Advisors LLC Acquires 2,080 Shares of iShares U.S. Financials ETF (NYSEARCA:IYF)

Farther Finance Advisors LLC boosted its holdings in iShares U.S. Financials ETF (NYSEARCA:IYF) by 1,925.9% in the first quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 2,188 shares of the company’s stock after purchasing an additional 2,080 shares during the quarter. Farther Finance Advisors LLC’s holdings in iShares U.S. Financials ETF were worth $247,000 at the end of the most recent quarter.

Other hedge funds have also added to or reduced their stakes in the company. Accredited Wealth Management LLC bought a new stake in iShares U.S. Financials ETF in the fourth quarter worth approximately $29,000. Private Trust Co. NA increased its holdings in shares of iShares U.S. Financials ETF by 50.5% during the fourth quarter. Private Trust Co. NA now owns 301 shares of the company’s stock valued at $33,000 after acquiring an additional 101 shares in the last quarter. Kestra Investment Management LLC bought a new stake in shares of iShares U.S. Financials ETF during the fourth quarter valued at approximately $34,000. Lee Danner & Bass Inc. bought a new stake in shares of iShares U.S. Financials ETF during the fourth quarter valued at approximately $39,000. Finally, O Shaughnessy Asset Management LLC increased its holdings in shares of iShares U.S. Financials ETF by 141.9% during the fourth quarter. O Shaughnessy Asset Management LLC now owns 416 shares of the company’s stock valued at $46,000 after acquiring an additional 244 shares in the last quarter.

iShares U.S. Financials ETF Stock Up 1.0%

NYSEARCA IYF opened at $115.49 on Thursday. The company has a market cap of $3.52 billion, a price-to-earnings ratio of 14.93 and a beta of 1.02. iShares U.S. Financials ETF has a 52 week low of $92.83 and a 52 week high of $119.90. The business has a 50 day moving average price of $112.72 and a 200-day moving average price of $113.12.

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.