34,689 Shares in iShares U.S. Financials ETF (NYSEARCA:IYF) Acquired by Kingsview Wealth Management LLC

Kingsview Wealth Management LLC acquired a new position in shares of iShares U.S. Financials ETF (NYSEARCA:IYF) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 34,689 shares of the company’s stock, valued at approximately $3,836,000.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Financial Life Planners acquired a new position in shares of iShares U.S. Financials ETF during the 4th quarter valued at about $42,000. Capital Performance Advisors LLP acquired a new position in iShares U.S. Financials ETF in the 3rd quarter valued at about $41,000. Bogart Wealth LLC grew its stake in shares of iShares U.S. Financials ETF by 34.2% in the 3rd quarter. Bogart Wealth LLC now owns 416 shares of the company’s stock valued at $43,000 after buying an additional 106 shares during the period. Anchor Investment Management LLC grew its stake in shares of iShares U.S. Financials ETF by 320.0% in the 3rd quarter. Anchor Investment Management LLC now owns 693 shares of the company’s stock valued at $72,000 after buying an additional 528 shares during the period. Finally, Concourse Financial Group Securities Inc. increased its holdings 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 during the last quarter.

iShares U.S. Financials ETF Stock Performance

IYF opened at $118.67 on Monday. The stock has a market capitalization of $3.29 billion, a PE ratio of 16.14 and a beta of 0.84. iShares U.S. Financials ETF has a one year low of $86.24 and a one year high of $119.90. The business’s 50 day moving average price is $114.15 and its 200 day moving average price is $108.61.

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.