Ferguson Wellman Capital Management Inc. purchased a new stake in iShares U.S. Financials ETF (NYSEARCA:IYF – Get Rating) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 12,636 shares of the company’s stock, valued at approximately $954,000.
Several other institutional investors and hedge funds also recently made changes to their positions in IYF. Adirondack Trust Co. grew its holdings in shares of iShares U.S. Financials ETF by 56.7% in the 3rd quarter. Adirondack Trust Co. now owns 470 shares of the company’s stock valued at $32,000 after buying an additional 170 shares during the period. Ronald Blue Trust Inc. acquired a new position in shares of iShares U.S. Financials ETF during the 2nd quarter worth approximately $62,000. Larson Financial Group LLC grew its position in shares of iShares U.S. Financials ETF by 7,688.0% during the 3rd quarter. Larson Financial Group LLC now owns 1,947 shares of the company’s stock worth $132,000 after purchasing an additional 1,922 shares in the last quarter. EP Wealth Advisors LLC acquired a new stake in shares of iShares U.S. Financials ETF during the 1st quarter worth approximately $142,000. Finally, Smith Moore & CO. acquired a new stake in iShares U.S. Financials ETF in the third quarter valued at approximately $200,000.
iShares U.S. Financials ETF Stock Down 2.7 %
IYF stock opened at $69.32 on Thursday. The company has a fifty day moving average price of $77.98 and a 200-day moving average price of $75.81. iShares U.S. Financials ETF has a 52-week low of $66.04 and a 52-week high of $88.02.
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.
Further Reading
- Get a free copy of the StockNews.com research report on iShares U.S. Financials ETF (IYF)
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