17,589 Shares in iShares U.S. Financials ETF $IYF Bought by Forte Asset Management LLC

Forte Asset Management LLC acquired a new position in iShares U.S. Financials ETF (NYSEARCA:IYF) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 17,589 shares of the company’s stock, valued at approximately $2,227,000.

Several other large investors have also recently made changes to their positions in the business. AQR Capital Management LLC bought a new stake in iShares U.S. Financials ETF in the first quarter worth about $426,000. Integrated Wealth Concepts LLC raised its holdings in shares of iShares U.S. Financials ETF by 45.7% in the 1st quarter. Integrated Wealth Concepts LLC now owns 4,282 shares of the company’s stock worth $483,000 after purchasing an additional 1,343 shares during the period. Jane Street Group LLC bought a new stake in shares of iShares U.S. Financials ETF in the 1st quarter worth approximately $247,000. Focus Partners Wealth lifted its stake in iShares U.S. Financials ETF by 8.6% in the first quarter. Focus Partners Wealth now owns 2,093 shares of the company’s stock valued at $236,000 after purchasing an additional 165 shares during the last quarter. Finally, Cadent Capital Advisors LLC bought a new position in iShares U.S. Financials ETF during the second quarter valued at $2,352,000.

iShares U.S. Financials ETF Price Performance

NYSEARCA:IYF opened at $126.73 on Friday. The business has a fifty day simple moving average of $127.86 and a two-hundred day simple moving average of $125.17. iShares U.S. Financials ETF has a 1 year low of $95.34 and a 1 year high of $133.54. The company has a market capitalization of $4.21 billion, a P/E ratio of 16.42 and a beta of 1.02.

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