Arkadios Wealth Advisors Raises Stake in iShares U.S. Financials ETF (NYSEARCA:IYF)

Arkadios Wealth Advisors raised its position in iShares U.S. Financials ETF (NYSEARCA:IYF) by 6.9% during the fourth quarter, HoldingsChannel reports. The firm owned 6,218 shares of the company’s stock after buying an additional 400 shares during the quarter. Arkadios Wealth Advisors’ holdings in iShares U.S. Financials ETF were worth $688,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. Atria Investments Inc lifted its stake in iShares U.S. Financials ETF by 3.7% during the third quarter. Atria Investments Inc now owns 7,288 shares of the company’s stock worth $757,000 after purchasing an additional 261 shares during the last quarter. Ironwood Wealth Management LLC. lifted its position in shares of iShares U.S. Financials ETF by 4.9% during the 2nd quarter. Ironwood Wealth Management LLC. now owns 5,936 shares of the company’s stock worth $561,000 after buying an additional 279 shares during the last quarter. Retirement Planning Group LLC boosted its holdings in shares of iShares U.S. Financials ETF by 13.3% in the 3rd quarter. Retirement Planning Group LLC now owns 2,961 shares of the company’s stock valued at $308,000 after buying an additional 348 shares in the last quarter. The Manufacturers Life Insurance Company purchased a new position in shares of iShares U.S. Financials ETF in the 2nd quarter valued at $56,608,000. Finally, International Assets Investment Management LLC raised its stake in iShares U.S. Financials ETF by 10,290.9% during the 3rd quarter. International Assets Investment Management LLC now owns 100,584 shares of the company’s stock worth $10,451,000 after acquiring an additional 99,616 shares in the last quarter.

iShares U.S. Financials ETF Price Performance

Shares of IYF opened at $115.80 on Tuesday. iShares U.S. Financials ETF has a 1-year low of $83.28 and a 1-year high of $119.90. The stock has a market cap of $3.21 billion, a PE ratio of 16.14 and a beta of 0.84. The firm has a fifty day moving average price of $113.87 and a 200 day moving average price of $106.63.

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.