Stratos Investment Management LLC lifted its position in iShares U.S. Financials ETF (NYSEARCA:IYF – Free Report) by 4.7% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 5,516 shares of the company’s stock after purchasing an additional 247 shares during the quarter. Stratos Investment Management LLC’s holdings in iShares U.S. Financials ETF were worth $610,000 at the end of the most recent quarter.
A number of other large investors have also recently made changes to their positions in the company. Financial Life Planners acquired a new stake in iShares U.S. Financials ETF during the 4th quarter worth approximately $42,000. Capital Performance Advisors LLP acquired a new stake in iShares U.S. Financials ETF during the 3rd quarter worth approximately $41,000. Bogart Wealth LLC lifted its position 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 acquiring an additional 106 shares during the period. Anchor Investment Management LLC raised its stake in shares of iShares U.S. Financials ETF by 320.0% during the 3rd quarter. Anchor Investment Management LLC now owns 693 shares of the company’s stock worth $72,000 after buying an additional 528 shares in the last quarter. Finally, Concourse Financial Group Securities Inc. raised its stake in shares of iShares U.S. Financials ETF by 26.5% during the 3rd quarter. Concourse Financial Group Securities Inc. now owns 879 shares of the company’s stock worth $91,000 after buying an additional 184 shares in the last quarter.
iShares U.S. Financials ETF Trading Up 0.8 %
Shares of IYF stock opened at $118.05 on Thursday. The company has a market cap of $3.28 billion, a price-to-earnings ratio of 16.14 and a beta of 0.84. The stock has a 50 day simple moving average of $114.17 and a 200-day simple moving average of $108.28. iShares U.S. Financials ETF has a 12-month low of $86.24 and a 12-month 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
- What is the Euro STOXX 50 Index?
- 3 Must-Have ETFs Set to Dominate This Quarter
- Profitably Trade Stocks at 52-Week Highs
- Seeking Stability? These 3 Stocks Offer Strong Potential
- Options Trading – Understanding Strike Price
- Trade War Bargain Stocks: Top 3 Picks Too Good to Pass Up
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.