Sigma Planning Corp Buys New Holdings in iShares U.S. Financials ETF $IYF

Sigma Planning Corp acquired a new position in shares of iShares U.S. Financials ETF (NYSEARCA:IYF) during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm acquired 10,154 shares of the company’s stock, valued at approximately $1,276,000.

A number of other hedge funds and other institutional investors have also modified their holdings of IYF. Financial Life Planners purchased a new stake in shares of iShares U.S. Financials ETF in the first quarter valued at about $25,000. GAMMA Investing LLC acquired a new position in iShares U.S. Financials ETF in the third quarter valued at approximately $32,000. Bank of New Hampshire purchased a new position in iShares U.S. Financials ETF in the third quarter worth approximately $33,000. North Star Investment Management Corp. increased its stake in iShares U.S. Financials ETF by 54.7% during the first quarter. North Star Investment Management Corp. now owns 328 shares of the company’s stock worth $39,000 after acquiring an additional 116 shares during the last quarter. Finally, Root Financial Partners LLC acquired a new stake in iShares U.S. Financials ETF during the third quarter worth $81,000.

iShares U.S. Financials ETF Trading Up 1.2%

Shares of NYSEARCA:IYF opened at $132.22 on Friday. The company has a market capitalization of $3.78 billion, a price-to-earnings ratio of 16.42 and a beta of 0.91. iShares U.S. Financials ETF has a 12-month low of $113.62 and a 12-month high of $139.09. The business has a 50-day moving average price of $131.59 and a 200 day moving average price of $127.66.

About iShares U.S. Financials ETF

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.