Fifth Third Bancorp Buys 8,154 Shares of iShares U.S. Financials ETF $IYF

Fifth Third Bancorp boosted its stake in iShares U.S. Financials ETF (NYSEARCA:IYF) by 1,164.9% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 8,854 shares of the company’s stock after buying an additional 8,154 shares during the period. Fifth Third Bancorp’s holdings in iShares U.S. Financials ETF were worth $1,042,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of IYF. Brendel Financial Advisors LLC purchased a new position in shares of iShares U.S. Financials ETF in the 4th quarter valued at approximately $913,000. Northwestern Mutual Wealth Management Co. grew its stake in iShares U.S. Financials ETF by 488.4% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 3,913,622 shares of the company’s stock worth $504,583,000 after purchasing an additional 3,248,510 shares during the period. Cottonwood Capital Advisors LLC bought a new position in iShares U.S. Financials ETF in the first quarter worth $684,000. UBS Group AG raised its holdings in iShares U.S. Financials ETF by 4.8% in the fourth quarter. UBS Group AG now owns 418,923 shares of the company’s stock worth $54,012,000 after purchasing an additional 19,167 shares in the last quarter. Finally, Dynasty Wealth Management LLC raised its holdings in iShares U.S. Financials ETF by 545.2% in the fourth quarter. Dynasty Wealth Management LLC now owns 1,762,552 shares of the company’s stock worth $227,246,000 after purchasing an additional 1,489,376 shares in the last quarter.

iShares U.S. Financials ETF Trading Up 0.9%

Shares of iShares U.S. Financials ETF stock opened at $134.06 on Friday. iShares U.S. Financials ETF has a 12 month low of $113.62 and a 12 month high of $135.26. The firm has a market capitalization of $4.50 billion, a P/E ratio of 16.42 and a beta of 0.90. The business has a fifty day simple moving average of $128.16 and a two-hundred day simple moving average of $125.23.

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