Thrivent Financial for Lutherans Raises Position in iShares U.S. Financials ETF $IYF

Thrivent Financial for Lutherans increased its holdings in shares of iShares U.S. Financials ETF (NYSEARCA:IYF) by 21.4% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 136,387 shares of the company’s stock after buying an additional 24,023 shares during the quarter. Thrivent Financial for Lutherans owned 0.41% of iShares U.S. Financials ETF worth $17,272,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds also recently added to or reduced their stakes in IYF. AE Wealth Management LLC grew its stake in shares of iShares U.S. Financials ETF by 22.5% during the third quarter. AE Wealth Management LLC now owns 51,273 shares of the company’s stock worth $6,493,000 after acquiring an additional 9,402 shares during the last quarter. Tidemark LLC boosted its stake in iShares U.S. Financials ETF by 66.5% in the 3rd quarter. Tidemark LLC now owns 8,179 shares of the company’s stock worth $1,036,000 after purchasing an additional 3,268 shares in the last quarter. Activest Wealth Management purchased a new stake in iShares U.S. Financials ETF during the 3rd quarter worth approximately $184,000. TD Waterhouse Canada Inc. increased its stake in iShares U.S. Financials ETF by 22.0% during the 3rd quarter. TD Waterhouse Canada Inc. now owns 2,206 shares of the company’s stock valued at $276,000 after purchasing an additional 398 shares in the last quarter. Finally, Capital Wealth Alliance LLC increased its stake in iShares U.S. Financials ETF by 9.8% during the 3rd quarter. Capital Wealth Alliance LLC now owns 3,719 shares of the company’s stock valued at $471,000 after purchasing an additional 331 shares in the last quarter.

iShares U.S. Financials ETF Trading Down 0.7%

NYSEARCA:IYF opened at $127.68 on Wednesday. The company has a market capitalization of $4.22 billion, a P/E ratio of 16.42 and a beta of 1.02. iShares U.S. Financials ETF has a 12 month low of $95.34 and a 12 month high of $133.54. The firm has a fifty day simple moving average of $128.65 and a 200-day simple moving average of $125.52.

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. The Company invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.