iShares U.S. Financials ETF $IYF Shares Bought by Pinkerton Wealth LLC

Pinkerton Wealth LLC increased its stake in iShares U.S. Financials ETF (NYSEARCA:IYF) by 5.8% in the 3rd quarter, HoldingsChannel.com reports. The fund owned 299,584 shares of the company’s stock after purchasing an additional 16,549 shares during the quarter. iShares U.S. Financials ETF comprises 4.1% of Pinkerton Wealth LLC’s investment portfolio, making the stock its 7th largest holding. Pinkerton Wealth LLC’s holdings in iShares U.S. Financials ETF were worth $37,939,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of IYF. Dynasty Wealth Management LLC bought a new stake in iShares U.S. Financials ETF in the 3rd quarter valued at about $34,595,000. CoreCap Advisors LLC boosted its holdings in iShares U.S. Financials ETF by 979.6% in the third quarter. CoreCap Advisors LLC now owns 35,518 shares of the company’s stock worth $4,498,000 after acquiring an additional 32,228 shares in the last quarter. Allstate Corp grew its stake in iShares U.S. Financials ETF by 662.7% in the third quarter. Allstate Corp now owns 17,543 shares of the company’s stock valued at $2,222,000 after acquiring an additional 15,243 shares during the period. Advisory Services Network LLC grew its stake in iShares U.S. Financials ETF by 1,871.1% in the second quarter. Advisory Services Network LLC now owns 91,004 shares of the company’s stock valued at $11,116,000 after acquiring an additional 86,387 shares during the period. Finally, B. Riley Wealth Advisors Inc. bought a new stake in shares of iShares U.S. Financials ETF during the second quarter valued at approximately $736,000.

iShares U.S. Financials ETF Stock Down 0.5%

Shares of NYSEARCA:IYF opened at $119.61 on Tuesday. iShares U.S. Financials ETF has a twelve month low of $95.34 and a twelve month high of $133.54. The stock’s 50 day moving average is $126.87 and its 200-day moving average is $125.84. The firm has a market capitalization of $3.95 billion, a price-to-earnings ratio of 16.42 and a beta of 1.02.

iShares U.S. Financials ETF 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.