Modera Wealth Management LLC Purchases 5,680 Shares of iShares U.S. Financials ETF $IYF

Modera Wealth Management LLC purchased a new position in shares of iShares U.S. Financials ETF (NYSEARCA:IYF) during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund purchased 5,680 shares of the company’s stock, valued at approximately $714,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in IYF. Forte Asset Management LLC grew its holdings in shares of iShares U.S. Financials ETF by 1.1% in the 3rd quarter. Forte Asset Management LLC now owns 7,531 shares of the company’s stock valued at $946,000 after acquiring an additional 84 shares in the last quarter. Prime Capital Investment Advisors LLC raised its holdings in iShares U.S. Financials ETF by 1.5% during the third quarter. Prime Capital Investment Advisors LLC now owns 6,109 shares of the company’s stock worth $768,000 after acquiring an additional 89 shares in the last quarter. CX Institutional raised its holdings in iShares U.S. Financials ETF by 0.5% during the third quarter. CX Institutional now owns 20,255 shares of the company’s stock worth $2,545,000 after acquiring an additional 98 shares in the last quarter. Allworth Financial LP raised its holdings in iShares U.S. Financials ETF by 5.3% during the second quarter. Allworth Financial LP now owns 2,021 shares of the company’s stock worth $258,000 after acquiring an additional 101 shares in the last quarter. Finally, Dagco Inc. raised its holdings in iShares U.S. Financials ETF by 4.4% during the second quarter. Dagco Inc. now owns 3,340 shares of the company’s stock worth $426,000 after acquiring an additional 140 shares in the last quarter.

iShares U.S. Financials ETF Stock Performance

Shares of NYSEARCA IYF opened at $132.97 on Tuesday. The stock has a 50 day moving average price of $131.45 and a 200 day moving average price of $127.67. iShares U.S. Financials ETF has a 52 week low of $113.62 and a 52 week high of $139.09. The stock has a market capitalization of $3.80 billion, a PE ratio of 16.42 and a beta of 0.91.

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