iShares U.S. Financials ETF $IYF Shares Newly Purchased by Retirement Planning Group LLC

Retirement Planning Group LLC bought a new stake in iShares U.S. Financials ETF (NYSEARCA:IYF) in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm bought 3,961 shares of the company’s stock, valued at approximately $498,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of IYF. The Manufacturers Life Insurance Company acquired a new position in iShares U.S. Financials ETF during the second quarter worth approximately $129,579,000. Hsbc Holdings PLC acquired a new stake in shares of iShares U.S. Financials ETF in the fourth quarter valued at approximately $103,827,000. Royal Bank of Canada lifted its position in shares of iShares U.S. Financials ETF by 3.1% in the first quarter. Royal Bank of Canada now owns 297,765 shares of the company’s stock valued at $35,036,000 after buying an additional 8,823 shares during the last quarter. Sanctuary Advisors LLC lifted its position in shares of iShares U.S. Financials ETF by 14.0% in the first quarter. Sanctuary Advisors LLC now owns 110,053 shares of the company’s stock valued at $12,949,000 after buying an additional 13,557 shares during the last quarter. Finally, Prasad Wealth Partners LLC lifted its position in shares of iShares U.S. Financials ETF by 4.3% in the first quarter. Prasad Wealth Partners LLC now owns 68,233 shares of the company’s stock valued at $8,028,000 after buying an additional 2,818 shares during the last quarter.

iShares U.S. Financials ETF Trading Up 0.6%

IYF stock opened at $130.28 on Thursday. iShares U.S. Financials ETF has a 1-year low of $113.62 and a 1-year high of $139.09. The business’s 50 day simple moving average is $132.38 and its 200 day simple moving average is $129.35. The firm has a market capitalization of $3.82 billion, a PE ratio of 16.42 and a beta of 0.91.

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. The Company invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.