6,220 Shares in iShares U.S. Financials ETF (NYSEARCA:IYF) Acquired by May Barnhard Investments LLC

May Barnhard Investments LLC purchased a new position in shares of iShares U.S. Financials ETF (NYSEARCA:IYF) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 6,220 shares of the company’s stock, valued at approximately $688,000.

A number of other institutional investors and hedge funds have also recently modified their holdings of IYF. Bank of Montreal Can lifted its stake in shares of iShares U.S. Financials ETF by 705.1% during the 3rd quarter. Bank of Montreal Can now owns 431,608 shares of the company’s stock worth $44,658,000 after acquiring an additional 377,999 shares during the last quarter. Raymond James Financial Inc. bought a new stake in shares of iShares U.S. Financials ETF during the 4th quarter worth approximately $19,475,000. The Manufacturers Life Insurance Company lifted its stake in shares of 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 last quarter. Commonwealth Equity Services LLC lifted its stake in shares of iShares U.S. Financials ETF by 95.8% during the 4th quarter. Commonwealth Equity Services LLC now owns 241,559 shares of the company’s stock worth $26,712,000 after acquiring an additional 118,180 shares during the last quarter. Finally, MinichMacGregor Wealth Management LLC lifted its stake in shares of iShares U.S. Financials ETF by 93.1% during the 4th quarter. MinichMacGregor Wealth Management LLC now owns 181,005 shares of the company’s stock worth $20,016,000 after acquiring an additional 87,248 shares during the last quarter.

iShares U.S. Financials ETF Stock Performance

Shares of IYF stock opened at $107.69 on Friday. iShares U.S. Financials ETF has a 52-week low of $89.10 and a 52-week high of $119.90. The firm has a market capitalization of $3.63 billion, a P/E ratio of 15.26 and a beta of 1.08. The stock has a 50 day moving average price of $115.09 and a 200 day moving average price of $111.21.

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.