Financial Freedom LLC Has $702,000 Position in iShares U.S. Financials ETF (NYSEARCA:IYF)

Financial Freedom LLC raised its stake in shares of iShares U.S. Financials ETF (NYSEARCA:IYF) by 16.6% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 6,347 shares of the company’s stock after buying an additional 905 shares during the quarter. Financial Freedom LLC’s holdings in iShares U.S. Financials ETF were worth $702,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. Capital Performance Advisors LLP acquired a new position in shares of iShares U.S. Financials ETF during the 3rd quarter worth about $41,000. Bogart Wealth LLC grew its position in shares of iShares U.S. Financials ETF by 34.2% during the 3rd quarter. Bogart Wealth LLC now owns 416 shares of the company’s stock worth $43,000 after buying an additional 106 shares during the period. Anchor Investment Management LLC grew its position in shares of iShares U.S. Financials ETF by 320.0% during the 3rd quarter. Anchor Investment Management LLC now owns 693 shares of the company’s stock worth $72,000 after buying an additional 528 shares during the period. Concourse Financial Group Securities Inc. grew its position in shares of iShares U.S. Financials ETF by 26.5% during the 3rd quarter. Concourse Financial Group Securities Inc. now owns 879 shares of the company’s stock worth $91,000 after buying an additional 184 shares during the period. Finally, Christopher J. Hasenberg Inc acquired a new position in shares of iShares U.S. Financials ETF during the 4th quarter worth about $130,000.

iShares U.S. Financials ETF Trading Up 0.9 %

iShares U.S. Financials ETF stock opened at $115.80 on Monday. The business has a 50-day moving average of $113.87 and a 200-day moving average of $106.63. iShares U.S. Financials ETF has a 1 year low of $83.28 and a 1 year high of $119.90. The firm has a market capitalization of $3.21 billion, a P/E ratio of 16.14 and a beta of 0.84.

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.