DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main Increases Holdings in iShares U.S. Financials ETF (NYSEARCA:IYF)

DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main grew its stake in iShares U.S. Financials ETF (NYSEARCA:IYF) by 3,521.9% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 67,404 shares of the company’s stock after acquiring an additional 65,543 shares during the quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main owned 0.24% of iShares U.S. Financials ETF worth $7,454,000 at the end of the most recent quarter.

A number of other institutional investors have also recently modified their holdings of the stock. Bank of America Corp DE lifted its position in iShares U.S. Financials ETF by 1.9% in the 4th quarter. Bank of America Corp DE now owns 1,698,803 shares of the company’s stock valued at $187,854,000 after acquiring an additional 32,121 shares in the last quarter. Schroder Investment Management Group lifted its holdings in shares of iShares U.S. Financials ETF by 326.7% during the fourth quarter. Schroder Investment Management Group now owns 1,118,327 shares of the company’s stock valued at $123,653,000 after purchasing an additional 856,252 shares in the last quarter. Hsbc Holdings PLC boosted its position in shares of iShares U.S. Financials ETF by 56.0% during the fourth quarter. Hsbc Holdings PLC now owns 1,023,916 shares of the company’s stock valued at $113,225,000 after buying an additional 367,508 shares during the last quarter. LPL Financial LLC increased its holdings in iShares U.S. Financials ETF by 33.8% in the 4th quarter. LPL Financial LLC now owns 678,478 shares of the company’s stock worth $75,026,000 after buying an additional 171,559 shares in the last quarter. Finally, Bank of Montreal Can raised its position in iShares U.S. Financials ETF by 51.3% in the 4th quarter. Bank of Montreal Can now owns 652,991 shares of the company’s stock worth $72,208,000 after buying an additional 221,383 shares during the last quarter.

iShares U.S. Financials ETF Stock Up 0.0 %

Shares of NYSEARCA IYF opened at $113.32 on Friday. The firm’s 50-day moving average price is $109.19 and its 200-day moving average price is $112.58. iShares U.S. Financials ETF has a 52-week low of $92.00 and a 52-week high of $119.90. The company has a market cap of $3.72 billion, a PE ratio of 14.56 and a beta of 0.99.

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.