Gallagher Capital Advisors LLC Acquires Shares of 6,323 iShares U.S. Financials ETF $IYF

Gallagher Capital Advisors LLC bought a new stake in iShares U.S. Financials ETF (NYSEARCA:IYF) during the 1st quarter, Holdings Channel.com reports. The institutional investor bought 6,323 shares of the company’s stock, valued at approximately $744,000.

Other large investors have also made changes to their positions in the company. AQR Capital Management LLC acquired a new stake in shares of iShares U.S. Financials ETF during the 1st quarter worth about $426,000. Integrated Wealth Concepts LLC grew its stake in iShares U.S. Financials ETF by 45.7% during the first quarter. Integrated Wealth Concepts LLC now owns 4,282 shares of the company’s stock worth $483,000 after buying an additional 1,343 shares during the last quarter. Jane Street Group LLC acquired a new stake in shares of iShares U.S. Financials ETF during the first quarter worth approximately $247,000. Focus Partners Wealth increased its holdings in shares of iShares U.S. Financials ETF by 8.6% during the first quarter. Focus Partners Wealth now owns 2,093 shares of the company’s stock worth $236,000 after buying an additional 165 shares in the last quarter. Finally, First Trust Advisors LP raised its stake in shares of iShares U.S. Financials ETF by 33.7% in the second quarter. First Trust Advisors LP now owns 2,557 shares of the company’s stock valued at $309,000 after acquiring an additional 645 shares during the last quarter.

iShares U.S. Financials ETF Price Performance

Shares of IYF opened at $134.50 on Thursday. The company has a market capitalization of $4.27 billion, a P/E ratio of 16.42 and a beta of 0.90. iShares U.S. Financials ETF has a one year low of $113.62 and a one year high of $135.05. The business’s 50 day simple moving average is $126.61 and its 200-day simple moving average is $125.01.

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.