WP Advisors LLC Invests $211,000 in iShares U.S. Financials ETF (NYSEARCA:IYF)

WP Advisors LLC bought a new position in iShares U.S. Financials ETF (NYSEARCA:IYF) during the fourth quarter, according to its most recent disclosure with the SEC. The firm bought 1,908 shares of the company’s stock, valued at approximately $211,000.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Bank of Montreal Can raised its stake in shares of iShares U.S. Financials ETF by 705.1% in the third quarter. Bank of Montreal Can now owns 431,608 shares of the company’s stock worth $44,658,000 after buying an additional 377,999 shares during the period. The Manufacturers Life Insurance Company raised its stake in iShares U.S. Financials ETF by 28.5% during the 3rd quarter. The Manufacturers Life Insurance Company now owns 769,351 shares of the company’s stock worth $79,936,000 after acquiring an additional 170,769 shares during the period. Apollon Wealth Management LLC raised its stake in iShares U.S. Financials ETF by 1,161.0% during the 3rd quarter. Apollon Wealth Management LLC now owns 124,235 shares of the company’s stock worth $12,908,000 after acquiring an additional 114,383 shares during the period. International Assets Investment Management LLC lifted its holdings in iShares U.S. Financials ETF by 10,290.9% during the third quarter. International Assets Investment Management LLC now owns 100,584 shares of the company’s stock valued at $10,451,000 after purchasing an additional 99,616 shares in the last quarter. Finally, MinichMacGregor Wealth Management LLC bought a new position in shares of iShares U.S. Financials ETF in the third quarter worth approximately $9,741,000.

iShares U.S. Financials ETF Price Performance

Shares of IYF stock opened at $117.33 on Friday. iShares U.S. Financials ETF has a one year low of $88.73 and a one year high of $119.90. The company’s fifty day moving average price is $114.48 and its 200-day moving average price is $109.64. The company has a market capitalization of $3.26 billion, a price-to-earnings ratio of 16.14 and a beta of 0.84.

iShares U.S. Financials ETF 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.