EWG Elevate Inc. Boosts Stake in iShares U.S. Financials ETF (NYSEARCA:IYF)

EWG Elevate Inc. lifted its holdings in shares of iShares U.S. Financials ETF (NYSEARCA:IYF) by 149.2% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 27,009 shares of the company’s stock after buying an additional 16,170 shares during the period. EWG Elevate Inc. owned approximately 0.10% of iShares U.S. Financials ETF worth $2,987,000 at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of the business. The Manufacturers Life Insurance Company boosted its holdings in shares of iShares U.S. Financials ETF by 28.5% during the 3rd quarter. The Manufacturers Life Insurance Company now owns 769,351 shares of the company’s stock valued at $79,936,000 after acquiring an additional 170,769 shares during the last quarter. LPL Financial LLC boosted its holdings in iShares U.S. Financials ETF by 21.0% in the second quarter. LPL Financial LLC now owns 475,892 shares of the company’s stock worth $45,005,000 after purchasing an additional 82,599 shares during the last quarter. Bank of Montreal Can raised its stake in iShares U.S. Financials ETF by 705.1% during the 3rd quarter. Bank of Montreal Can now owns 431,608 shares of the company’s stock valued at $44,658,000 after buying an additional 377,999 shares during the last quarter. Wulff Hansen & CO. lifted its holdings in shares of iShares U.S. Financials ETF by 9,357.0% during the 2nd quarter. Wulff Hansen & CO. now owns 262,432 shares of the company’s stock valued at $24,818,000 after buying an additional 259,657 shares during the period. Finally, Magnus Financial Group LLC boosted its stake in shares of iShares U.S. Financials ETF by 2.6% in the 3rd quarter. Magnus Financial Group LLC now owns 188,646 shares of the company’s stock worth $19,600,000 after buying an additional 4,826 shares during the last quarter.

iShares U.S. Financials ETF Stock Performance

iShares U.S. Financials ETF stock opened at $108.49 on Monday. iShares U.S. Financials ETF has a one year low of $83.28 and a one year high of $119.90. The stock has a fifty day moving average of $113.65 and a 200 day moving average of $106.00. The stock has a market cap of $3.01 billion, a PE ratio of 16.14 and a beta of 0.84.

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.