602 Shares in iShares U.S. Financials ETF (NYSEARCA:IYF) Purchased by Rialto Wealth Management LLC

Rialto Wealth Management LLC bought a new stake in shares of iShares U.S. Financials ETF (NYSEARCA:IYF) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 602 shares of the company’s stock, valued at approximately $67,000.

Other institutional investors have also recently made changes to their positions in the company. Private Trust Co. NA lifted its position in 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 purchasing an additional 101 shares during the period. Kestra Investment Management LLC purchased a new stake in iShares U.S. Financials ETF during the 4th quarter valued at $34,000. Newbridge Financial Services Group Inc. purchased a new stake in iShares U.S. Financials ETF during the 4th quarter valued at $37,000. Stonebridge Financial Group LLC bought a new position in shares of iShares U.S. Financials ETF during the 4th quarter valued at $37,000. Finally, Arlington Trust Co LLC purchased a new position in shares of iShares U.S. Financials ETF in the 4th quarter worth $41,000.

iShares U.S. Financials ETF Stock Performance

iShares U.S. Financials ETF stock opened at $111.47 on Friday. iShares U.S. Financials ETF has a one year low of $89.10 and a one year high of $119.90. The stock has a fifty day moving average of $115.29 and a 200 day moving average of $111.09. The stock has a market cap of $3.76 billion, a PE ratio of 15.26 and a beta of 1.08.

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.