3,928 Shares in iShares U.S. Financials ETF (NYSEARCA:IYF) Bought by HCR Wealth Advisors

HCR Wealth Advisors bought a new position in shares of iShares U.S. Financials ETF (NYSEARCA:IYF) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm bought 3,928 shares of the company’s stock, valued at approximately $336,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Apeiron RIA LLC boosted its position in shares of iShares U.S. Financials ETF by 11.4% during the 4th quarter. Apeiron RIA LLC now owns 3,367 shares of the company’s stock valued at $288,000 after purchasing an additional 344 shares in the last quarter. Private Advisor Group LLC boosted its position in shares of iShares U.S. Financials ETF by 24.0% during the 4th quarter. Private Advisor Group LLC now owns 39,150 shares of the company’s stock worth $3,344,000 after purchasing an additional 7,569 shares in the last quarter. Bare Financial Services Inc bought a new stake in iShares U.S. Financials ETF in the 4th quarter valued at about $59,000. Apexium Financial LP acquired a new position in iShares U.S. Financials ETF during the 4th quarter worth approximately $771,000. Finally, Brookstone Capital Management bought a new position in iShares U.S. Financials ETF in the fourth quarter worth approximately $552,000.

iShares U.S. Financials ETF Stock Performance

Shares of NYSEARCA IYF traded up $0.94 during midday trading on Friday, hitting $95.22. 55,379 shares of the stock traded hands, compared to its average volume of 143,286. iShares U.S. Financials ETF has a one year low of $69.83 and a one year high of $96.85. The business has a 50 day moving average price of $93.59 and a two-hundred day moving average price of $88.11. The company has a market cap of $2.64 billion, a PE ratio of 16.14 and a beta of 0.84.

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.