iShares U.S. Financials ETF $IYF Shares Bought by Raymond James Financial Inc.

Raymond James Financial Inc. lifted its holdings in iShares U.S. Financials ETF (NYSEARCA:IYF) by 6.7% during the first quarter, according to the company in its most recent filing with the SEC. The fund owned 187,831 shares of the company’s stock after buying an additional 11,712 shares during the quarter. Raymond James Financial Inc. owned approximately 0.63% of iShares U.S. Financials ETF worth $21,197,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also modified their holdings of IYF. Accredited Wealth Management LLC acquired a new stake in iShares U.S. Financials ETF during the fourth quarter worth about $29,000. Park Square Financial Group LLC bought a new position in shares of iShares U.S. Financials ETF during the first quarter valued at approximately $34,000. Sound Income Strategies LLC acquired a new stake in shares of iShares U.S. Financials ETF during the 1st quarter worth approximately $34,000. Trust Co. of Vermont bought a new stake in shares of iShares U.S. Financials ETF in the 1st quarter worth approximately $35,000. Finally, Golden State Wealth Management LLC boosted its position in iShares U.S. Financials ETF by 69.0% during the 1st quarter. Golden State Wealth Management LLC now owns 311 shares of the company’s stock valued at $35,000 after purchasing an additional 127 shares during the period.

iShares U.S. Financials ETF Price Performance

Shares of IYF opened at $125.19 on Wednesday. iShares U.S. Financials ETF has a 12 month low of $95.34 and a 12 month high of $125.39. The stock has a fifty day moving average price of $121.62 and a 200 day moving average price of $115.70. The company has a market cap of $4.29 billion, a P/E ratio of 16.42 and a beta of 1.03.

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.