Gryphon Financial Partners LLC boosted its stake in iShares U.S. Financials ETF (NYSEARCA:IYF – Free Report) by 8.3% in the fourth quarter, HoldingsChannel reports. The firm owned 4,611 shares of the company’s stock after buying an additional 352 shares during the period. Gryphon Financial Partners LLC’s holdings in iShares U.S. Financials ETF were worth $510,000 as of its most recent SEC filing.
A number of other large investors have also bought and sold shares of the stock. Jones Financial Companies Lllp grew its holdings in iShares U.S. Financials ETF by 70.8% in the fourth quarter. Jones Financial Companies Lllp now owns 36,005 shares of the company’s stock worth $3,981,000 after purchasing an additional 14,929 shares during the period. SRS Capital Advisors Inc. grew its holdings in shares of iShares U.S. Financials ETF by 82.3% during the fourth quarter. SRS Capital Advisors Inc. now owns 547 shares of the company’s stock valued at $60,000 after buying an additional 247 shares during the last quarter. Norden Group LLC grew its holdings in shares of iShares U.S. Financials ETF by 0.6% during the fourth quarter. Norden Group LLC now owns 83,859 shares of the company’s stock valued at $9,273,000 after buying an additional 528 shares during the last quarter. Private Trust Co. NA grew its holdings in shares of iShares U.S. Financials ETF by 50.5% during the fourth quarter. Private Trust Co. NA now owns 301 shares of the company’s stock valued at $33,000 after buying an additional 101 shares during the last quarter. Finally, Kovack Advisors Inc. grew its holdings in shares of iShares U.S. Financials ETF by 4.7% during the fourth quarter. Kovack Advisors Inc. now owns 19,828 shares of the company’s stock valued at $2,193,000 after buying an additional 897 shares during the last quarter.
iShares U.S. Financials ETF Price Performance
Shares of NYSEARCA IYF opened at $117.14 on Tuesday. The stock has a market capitalization of $3.95 billion, a P/E ratio of 15.26 and a beta of 1.08. The company has a 50-day moving average price of $115.23 and a 200-day moving average price of $110.83. iShares U.S. Financials ETF has a 1 year low of $89.10 and a 1 year high of $119.90.
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.
Featured Stories
- Five stocks we like better than iShares U.S. Financials ETF
- How to Invest in Blue Chip Stocks
- Bearish Investors Can Seek Refuge in Recession-Resistant ETFs
- What Are Dividends? Buy the Best Dividend Stocks
- 3 Oversold Magnificent Seven Stocks at Key Levels: Buy Now?
- How to Find Undervalued Stocks
- 3M to Hit $175 by Mid-Year, and Higher Highs Are Likely
Want to see what other hedge funds are holding IYF? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares U.S. Financials ETF (NYSEARCA:IYF – Free Report).
Receive News & Ratings for iShares U.S. Financials ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares U.S. Financials ETF and related companies with MarketBeat.com's FREE daily email newsletter.