Gerber Kawasaki Wealth & Investment Management Has $3.37 Million Stock Holdings in iShares U.S. Financials ETF $IYF

Gerber Kawasaki Wealth & Investment Management increased its holdings in shares of iShares U.S. Financials ETF (NYSEARCA:IYF) by 3.9% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 29,833 shares of the company’s stock after buying an additional 1,111 shares during the period. Gerber Kawasaki Wealth & Investment Management owned about 0.10% of iShares U.S. Financials ETF worth $3,367,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in IYF. PGIM Custom Harvest LLC boosted its position in iShares U.S. Financials ETF by 27.0% during the 1st quarter. PGIM Custom Harvest LLC now owns 648,435 shares of the company’s stock worth $73,176,000 after buying an additional 137,864 shares during the period. Prostatis Group LLC acquired a new stake in iShares U.S. Financials ETF during the 4th quarter worth approximately $7,905,000. Ameriprise Financial Inc. boosted its position in iShares U.S. Financials ETF by 78.9% during the 4th quarter. Ameriprise Financial Inc. now owns 156,988 shares of the company’s stock worth $17,358,000 after buying an additional 69,259 shares during the period. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main boosted its position in iShares U.S. Financials ETF by 3,521.9% during the 4th quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main now owns 67,404 shares of the company’s stock worth $7,454,000 after buying an additional 65,543 shares during the period. Finally, LPL Financial LLC boosted its position in iShares U.S. Financials ETF by 9.5% during the 1st quarter. LPL Financial LLC now owns 742,926 shares of the company’s stock worth $83,839,000 after buying an additional 64,448 shares during the period.

iShares U.S. Financials ETF Price Performance

NYSEARCA:IYF opened at $125.44 on Thursday. The firm’s 50 day simple moving average is $121.82 and its 200 day simple moving average is $115.77. iShares U.S. Financials ETF has a one year low of $95.34 and a one year high of $125.92. The company has a market cap of $4.30 billion, a PE ratio of 16.42 and a beta of 1.03.

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.