Arkadios Wealth Advisors increased its position in shares of iShares U.S. Financials ETF (NYSEARCA:IYF – Free Report) by 4.0% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 5,818 shares of the company’s stock after buying an additional 225 shares during the quarter. Arkadios Wealth Advisors’ holdings in iShares U.S. Financials ETF were worth $604,000 at the end of the most recent reporting period.
A number of other large investors have also recently added to or reduced their stakes in the business. The Manufacturers Life Insurance Company purchased a new position in iShares U.S. Financials ETF during the second quarter worth about $56,608,000. LPL Financial LLC boosted its position in shares of iShares U.S. Financials ETF by 21.0% during the 2nd quarter. LPL Financial LLC now owns 475,892 shares of the company’s stock worth $45,005,000 after purchasing an additional 82,599 shares during the period. Wulff Hansen & CO. increased its holdings in iShares U.S. Financials ETF by 9,357.0% in the 2nd quarter. Wulff Hansen & CO. now owns 262,432 shares of the company’s stock valued at $24,818,000 after purchasing an additional 259,657 shares during the last quarter. Magnus Financial Group LLC raised its position in iShares U.S. Financials ETF by 2.6% in the third quarter. Magnus Financial Group LLC now owns 188,646 shares of the company’s stock valued at $19,600,000 after purchasing an additional 4,826 shares during the period. Finally, Osaic Holdings Inc. lifted its stake in iShares U.S. Financials ETF by 133.1% during the first quarter. Osaic Holdings Inc. now owns 186,794 shares of the company’s stock worth $17,879,000 after purchasing an additional 106,650 shares in the last quarter.
iShares U.S. Financials ETF Trading Down 0.4 %
IYF stock opened at $108.20 on Wednesday. The business’s fifty day moving average price is $104.49 and its 200 day moving average price is $98.67. iShares U.S. Financials ETF has a 12-month low of $70.97 and a 12-month high of $110.10. The company has a market capitalization of $3.00 billion, a PE 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.
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