iShares U.S. Financials ETF (NYSEARCA:IYF) Shares Acquired by Bank of Montreal Can

Bank of Montreal Can lifted its holdings in shares of iShares U.S. Financials ETF (NYSEARCA:IYF) by 705.1% during the 3rd quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 431,608 shares of the company’s stock after acquiring an additional 377,999 shares during the period. Bank of Montreal Can owned 1.56% of iShares U.S. Financials ETF worth $44,658,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in IYF. Rothschild Investment LLC purchased a new position in iShares U.S. Financials ETF during the 2nd quarter worth approximately $25,000. GPS Wealth Strategies Group LLC grew its stake in iShares U.S. Financials ETF by 436.0% during the 2nd quarter. GPS Wealth Strategies Group LLC now owns 268 shares of the company’s stock worth $25,000 after buying an additional 218 shares during the last quarter. Capital Performance Advisors LLP purchased a new position in iShares U.S. Financials ETF during the 3rd quarter worth approximately $41,000. Bogart Wealth LLC grew its stake in iShares U.S. Financials ETF by 34.2% during the 3rd quarter. Bogart Wealth LLC now owns 416 shares of the company’s stock worth $43,000 after buying an additional 106 shares during the last quarter. Finally, Thurston Springer Miller Herd & Titak Inc. purchased a new position in iShares U.S. Financials ETF during the 2nd quarter worth approximately $57,000.

iShares U.S. Financials ETF Stock Up 0.2 %

NYSEARCA:IYF opened at $118.97 on Friday. The stock’s 50 day moving average price is $109.43 and its 200 day moving average price is $101.89. The company has a market capitalization of $3.30 billion, a PE ratio of 16.14 and a beta of 0.84. iShares U.S. Financials ETF has a 52-week low of $79.04 and a 52-week high of $119.90.

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.