Scotia Capital Inc. Acquires 994 Shares of iShares U.S. Financials ETF $IYF

Scotia Capital Inc. boosted its holdings in shares of iShares U.S. Financials ETF (NYSEARCA:IYF) by 0.6% in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 164,016 shares of the company’s stock after acquiring an additional 994 shares during the quarter. Scotia Capital Inc.’s holdings in iShares U.S. Financials ETF were worth $19,842,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Rise Advisors LLC lifted its position in shares of iShares U.S. Financials ETF by 60.4% during the second quarter. Rise Advisors LLC now owns 364 shares of the company’s stock worth $44,000 after purchasing an additional 137 shares during the last quarter. Assetmark Inc. purchased a new position in iShares U.S. Financials ETF in the 2nd quarter worth about $63,000. Private Trust Co. NA lifted its holdings in iShares U.S. Financials ETF by 106.7% during the 2nd quarter. Private Trust Co. NA now owns 705 shares of the company’s stock valued at $85,000 after buying an additional 364 shares in the last quarter. Picton Mahoney Asset Management boosted its position in iShares U.S. Financials ETF by 11.1% in the 1st quarter. Picton Mahoney Asset Management now owns 1,000 shares of the company’s stock valued at $113,000 after buying an additional 100 shares during the period. Finally, Atlantic Union Bankshares Corp bought a new position in iShares U.S. Financials ETF in the 2nd quarter worth about $132,000.

iShares U.S. Financials ETF Stock Performance

Shares of NYSEARCA:IYF opened at $125.97 on Friday. The firm’s 50 day simple moving average is $123.85 and its 200-day simple moving average is $121.86. iShares U.S. Financials ETF has a one year low of $95.34 and a one year high of $128.07. The firm has a market cap of $4.18 billion, a PE ratio of 16.42 and a beta of 1.02.

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.