Ironwood Wealth Management LLC. increased its holdings in iShares U.S. Financials ETF (NYSEARCA:IYF – Free Report) by 4.9% during the second quarter, HoldingsChannel.com reports. The fund owned 5,936 shares of the company’s stock after buying an additional 279 shares during the period. Ironwood Wealth Management LLC.’s holdings in iShares U.S. Financials ETF were worth $561,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Several other institutional investors and hedge funds have also recently bought and sold shares of IYF. Cetera Investment Advisers raised its holdings in iShares U.S. Financials ETF by 1,043.8% during the first quarter. Cetera Investment Advisers now owns 124,382 shares of the company’s stock worth $11,897,000 after purchasing an additional 113,508 shares in the last quarter. Osaic Holdings Inc. increased its stake in iShares U.S. Financials ETF by 133.1% in the 1st quarter. Osaic Holdings Inc. now owns 186,794 shares of the company’s stock valued at $17,879,000 after purchasing an additional 106,650 shares in the last quarter. Connectus Wealth LLC acquired a new position in iShares U.S. Financials ETF during the fourth quarter worth $7,026,000. Norden Group LLC purchased a new stake in iShares U.S. Financials ETF during the first quarter worth $6,681,000. Finally, Brookstone Capital Management grew its holdings in iShares U.S. Financials ETF by 812.2% in the first quarter. Brookstone Capital Management now owns 58,953 shares of the company’s stock valued at $5,639,000 after purchasing an additional 52,490 shares during the last quarter.
iShares U.S. Financials ETF Stock Up 0.3 %
Shares of IYF stock opened at $100.92 on Friday. iShares U.S. Financials ETF has a fifty-two week low of $70.45 and a fifty-two week high of $105.20. The business has a fifty day simple moving average of $99.95 and a 200-day simple moving average of $95.72. The stock has a market cap of $2.80 billion, a P/E ratio of 16.14 and a beta of 0.84.
iShares U.S. Financials ETF Company 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.
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