1,819 Shares in iShares U.S. Financials ETF $IYF Bought by Perennial Investment Advisors LLC

Perennial Investment Advisors LLC bought a new stake in iShares U.S. Financials ETF (NYSEARCA:IYF) in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 1,819 shares of the company’s stock, valued at approximately $220,000.

Other institutional investors also recently made changes to their positions in the company. Cetera Investment Advisers increased its holdings in shares of iShares U.S. Financials ETF by 18.3% in the 2nd quarter. Cetera Investment Advisers now owns 162,049 shares of the company’s stock valued at $19,606,000 after purchasing an additional 25,082 shares in the last quarter. Empower Advisory Group LLC increased its holdings in iShares U.S. Financials ETF by 16.4% in the second quarter. Empower Advisory Group LLC now owns 2,085 shares of the company’s stock valued at $252,000 after buying an additional 294 shares in the last quarter. Foundations Investment Advisors LLC acquired a new stake in shares of iShares U.S. Financials ETF during the 2nd quarter valued at approximately $807,000. Kane Investment Management Inc. purchased a new stake in iShares U.S. Financials ETF during the second quarter worth $204,000. Finally, Symphony Financial Services Inc. purchased a new stake in iShares U.S. Financials ETF during the second quarter worth $201,000.

iShares U.S. Financials ETF Trading Up 0.4%

Shares of NYSEARCA IYF opened at $121.86 on Thursday. iShares U.S. Financials ETF has a 52 week low of $95.34 and a 52 week high of $128.07. The stock has a market cap of $4.04 billion, a price-to-earnings ratio of 16.42 and a beta of 1.02. The company’s 50-day moving average price is $124.24 and its 200 day moving average price is $121.40.

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.