National Asset Management Inc. purchased a new position in iShares US Financials ETF (NYSEARCA:IYF) during the third quarter, Holdings Channel reports. The fund purchased 2,173 shares of the company’s stock, valued at approximately $265,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of IYF. Cornerstone Wealth Management LLC purchased a new position in iShares US Financials ETF in the 2nd quarter worth approximately $126,000. WP Advisors LLC purchased a new position in iShares US Financials ETF in the 2nd quarter worth approximately $167,000. Whittier Trust Co. lifted its holdings in iShares US Financials ETF by 134.4% in the 2nd quarter. Whittier Trust Co. now owns 2,110 shares of the company’s stock worth $175,000 after purchasing an additional 1,210 shares in the last quarter. Jaffetilchin Investment Partners LLC purchased a new position in iShares US Financials ETF in the 3rd quarter worth approximately $204,000. Finally, Baird Financial Group Inc. purchased a new position in iShares US Financials ETF in the 2nd quarter worth approximately $231,000.

NYSEARCA IYF opened at $115.27 on Wednesday. iShares US Financials ETF has a 12 month low of $110.79 and a 12 month high of $126.54.

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iShares US 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.

Further Reading: How to calculate the intrinsic value of a stock

Want to see what other hedge funds are holding IYF? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares US Financials ETF (NYSEARCA:IYF).

Institutional Ownership by Quarter for iShares US Financials ETF (NYSEARCA:IYF)

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