Prime Capital Investment Advisors LLC bought a new position in iShares U.S. Financials ETF (NYSEARCA:IYF – Free Report) in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 4,350 shares of the company’s stock, valued at approximately $309,000.
A number of other large investors have also modified their holdings of IYF. Fisher Asset Management LLC lifted its position in shares of iShares U.S. Financials ETF by 14.3% during the fourth quarter. Fisher Asset Management LLC now owns 1,498,581 shares of the company’s stock worth $113,098,000 after purchasing an additional 187,220 shares during the last quarter. Tyler Stone Wealth Management increased its holdings in shares of iShares U.S. Financials ETF by 7.2% in the 4th quarter. Tyler Stone Wealth Management now owns 2,779 shares of the company’s stock valued at $210,000 after acquiring an additional 187 shares during the last quarter. Geneos Wealth Management Inc. raised its position in shares of iShares U.S. Financials ETF by 1.0% during the 4th quarter. Geneos Wealth Management Inc. now owns 24,970 shares of the company’s stock valued at $1,885,000 after acquiring an additional 253 shares in the last quarter. Delta Financial Group Inc. lifted its stake in iShares U.S. Financials ETF by 19.9% during the first quarter. Delta Financial Group Inc. now owns 4,311 shares of the company’s stock worth $307,000 after purchasing an additional 717 shares during the last quarter. Finally, Stonebridge Financial Planning Group LLC boosted its holdings in iShares U.S. Financials ETF by 23.8% in the first quarter. Stonebridge Financial Planning Group LLC now owns 13,195 shares of the company’s stock worth $939,000 after purchasing an additional 2,536 shares during the period.
iShares U.S. Financials ETF Price Performance
IYF stock opened at $79.56 on Tuesday. The firm has a market cap of $1.93 billion, a price-to-earnings ratio of 9.21 and a beta of 1.03. iShares U.S. Financials ETF has a 1-year low of $66.04 and a 1-year high of $82.30. The firm has a fifty day moving average price of $75.26 and a two-hundred day moving average price of $74.73.
iShares U.S. Financials ETF Company 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.
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