Aveo Capital Partners LLC Purchases New Stake in iShares U.S. Financials ETF (NYSEARCA:IYF)

Aveo Capital Partners LLC purchased a new stake in iShares U.S. Financials ETF (NYSEARCA:IYF) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 12,023 shares of the company’s stock, valued at approximately $1,330,000.

Other institutional investors have also recently modified their holdings of the company. The Manufacturers Life Insurance Company boosted its position in iShares U.S. Financials ETF by 28.5% during the third quarter. The Manufacturers Life Insurance Company now owns 769,351 shares of the company’s stock worth $79,936,000 after purchasing an additional 170,769 shares in the last quarter. Bank of Montreal Can boosted its position in iShares U.S. Financials ETF by 705.1% during the third quarter. Bank of Montreal Can now owns 431,608 shares of the company’s stock worth $44,658,000 after purchasing an additional 377,999 shares in the last quarter. Magnus Financial Group LLC boosted its position in iShares U.S. Financials ETF by 2.4% during the fourth quarter. Magnus Financial Group LLC now owns 193,219 shares of the company’s stock worth $21,366,000 after purchasing an additional 4,573 shares in the last quarter. MinichMacGregor Wealth Management LLC boosted its position in iShares U.S. Financials ETF by 93.1% during the fourth quarter. MinichMacGregor Wealth Management LLC now owns 181,005 shares of the company’s stock worth $20,016,000 after purchasing an additional 87,248 shares in the last quarter. Finally, Apollon Wealth Management LLC boosted its position in iShares U.S. Financials ETF by 1,161.0% during the third quarter. Apollon Wealth Management LLC now owns 124,235 shares of the company’s stock worth $12,908,000 after purchasing an additional 114,383 shares in the last quarter.

iShares U.S. Financials ETF Stock Up 0.1 %

NYSEARCA IYF opened at $118.50 on Friday. iShares U.S. Financials ETF has a fifty-two week low of $88.19 and a fifty-two week high of $119.90. The stock has a market cap of $3.29 billion, a price-to-earnings ratio of 16.14 and a beta of 0.84. The business has a fifty day moving average of $114.20 and a 200-day moving average of $109.04.

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.