Gladstone Institutional Advisory LLC bought a new stake in iShares U.S. Financials ETF (NYSEARCA:IYF – Free Report) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund bought 2,729 shares of the company’s stock, valued at approximately $233,000.
Other large investors have also recently bought and sold shares of the company. UBS Group AG boosted its position in iShares U.S. Financials ETF by 9.7% during the fourth quarter. UBS Group AG now owns 369,733 shares of the company’s stock valued at $31,579,000 after purchasing an additional 32,596 shares during the last quarter. Level Four Advisory Services LLC acquired a new stake in shares of iShares U.S. Financials ETF in the 4th quarter valued at approximately $374,000. Atlantic Edge Private Wealth Management LLC bought a new position in shares of iShares U.S. Financials ETF in the fourth quarter valued at $70,000. Navellier & Associates Inc. acquired a new position in iShares U.S. Financials ETF during the fourth quarter worth $494,000. Finally, Apexium Financial LP bought a new stake in iShares U.S. Financials ETF during the fourth quarter worth $771,000.
iShares U.S. Financials ETF Trading Up 1.0 %
Shares of IYF traded up $0.94 during midday trading on Friday, reaching $95.22. The stock had a trading volume of 55,379 shares, compared to its average volume of 143,286. The firm has a market cap of $2.64 billion, a PE ratio of 16.14 and a beta of 0.84. The firm has a 50 day simple moving average of $93.59 and a 200-day simple moving average of $88.11. iShares U.S. Financials ETF has a one year low of $69.83 and a one year high of $96.85.
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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