Corient Private Wealth LLC Boosts Holdings in iShares U.S. Financials ETF $IYF

Corient Private Wealth LLC grew its stake in shares of iShares U.S. Financials ETF (NYSEARCA:IYF) by 251.5% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 29,647 shares of the company’s stock after purchasing an additional 21,213 shares during the period. Corient Private Wealth LLC owned approximately 0.09% of iShares U.S. Financials ETF worth $3,587,000 as of its most recent SEC filing.

A number of other institutional investors also recently bought and sold shares of the stock. The Manufacturers Life Insurance Company boosted its position in iShares U.S. Financials ETF by 1,366.8% during the 1st quarter. The Manufacturers Life Insurance Company now owns 1,498,231 shares of the company’s stock valued at $169,075,000 after acquiring an additional 1,396,090 shares in the last quarter. Goldman Sachs Group Inc. lifted its stake in shares of iShares U.S. Financials ETF by 12.7% in the 1st quarter. Goldman Sachs Group Inc. now owns 929,654 shares of the company’s stock valued at $104,911,000 after purchasing an additional 105,022 shares during the period. Northwestern Mutual Wealth Management Co. lifted its stake in shares of iShares U.S. Financials ETF by 1.9% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 701,987 shares of the company’s stock valued at $84,933,000 after purchasing an additional 13,109 shares during the period. JPMorgan Chase & Co. boosted its position in shares of iShares U.S. Financials ETF by 287.9% during the second quarter. JPMorgan Chase & Co. now owns 343,215 shares of the company’s stock valued at $41,526,000 after purchasing an additional 254,742 shares in the last quarter. Finally, Royal Bank of Canada grew its stake in iShares U.S. Financials ETF by 37.4% in the first quarter. Royal Bank of Canada now owns 300,338 shares of the company’s stock worth $33,893,000 after purchasing an additional 81,827 shares during the period.

iShares U.S. Financials ETF Trading Up 0.6%

IYF opened at $128.72 on Monday. The company has a market cap of $4.27 billion, a price-to-earnings ratio of 16.42 and a beta of 1.02. The stock has a fifty day simple moving average of $124.45 and a two-hundred day simple moving average of $123.15. iShares U.S. Financials ETF has a 12-month low of $95.34 and a 12-month high of $130.50.

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. The Company invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.