Golden State Wealth Management LLC Has $35,000 Position in iShares U.S. Financials ETF (NYSEARCA:IYF)

Golden State Wealth Management LLC grew its stake in shares of iShares U.S. Financials ETF (NYSEARCA:IYF) by 69.0% in the first quarter, according to its most recent disclosure with the SEC. The fund owned 311 shares of the company’s stock after buying an additional 127 shares during the period. Golden State Wealth Management LLC’s holdings in iShares U.S. Financials ETF were worth $35,000 as of its most recent filing with the SEC.

A number of other large investors have also made changes to their positions in the stock. Sunbelt Securities Inc. raised its position in shares of iShares U.S. Financials ETF by 21.2% during the first quarter. Sunbelt Securities Inc. now owns 5,003 shares of the company’s stock valued at $565,000 after buying an additional 875 shares during the last quarter. Money Concepts Capital Corp raised its position in shares of iShares U.S. Financials ETF by 17.4% during the first quarter. Money Concepts Capital Corp now owns 2,696 shares of the company’s stock valued at $304,000 after buying an additional 399 shares during the last quarter. Trust Co. of Vermont acquired a new position in shares of iShares U.S. Financials ETF during the first quarter valued at about $35,000. Tepp RIA LLC acquired a new position in shares of iShares U.S. Financials ETF during the first quarter valued at about $3,538,000. Finally, Western Wealth Management LLC raised its position in shares of iShares U.S. Financials ETF by 90.3% during the first quarter. Western Wealth Management LLC now owns 4,696 shares of the company’s stock valued at $530,000 after buying an additional 2,228 shares during the last quarter.

iShares U.S. Financials ETF Stock Performance

Shares of IYF opened at $122.97 on Monday. The company has a 50-day simple moving average of $115.96 and a 200-day simple moving average of $113.54. The firm has a market capitalization of $3.98 billion, a P/E ratio of 16.42 and a beta of 1.03. iShares U.S. Financials ETF has a 52 week low of $92.83 and a 52 week high of $123.11.

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.