Gerald Baker Financial Group LLC Takes $1.07 Million Position in iShares U.S. Financials ETF $IYF

Gerald Baker Financial Group LLC purchased a new position in shares of iShares U.S. Financials ETF (NYSEARCA:IYF) in the 1st quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 9,704 shares of the company’s stock, valued at approximately $1,073,000.

Several other large investors also recently added to or reduced their stakes in IYF. Northwestern Mutual Wealth Management Co. lifted its holdings in iShares U.S. Financials ETF by 488.4% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 3,913,622 shares of the company’s stock valued at $504,583,000 after purchasing an additional 3,248,510 shares during the last quarter. Dynasty Wealth Management LLC raised its position in shares of iShares U.S. Financials ETF by 545.2% in the fourth quarter. Dynasty Wealth Management LLC now owns 1,762,552 shares of the company’s stock valued at $227,246,000 after purchasing an additional 1,489,376 shares during the period. Bank of America Corp DE raised its position in shares of iShares U.S. Financials ETF by 5.7% in the third quarter. Bank of America Corp DE now owns 1,586,519 shares of the company’s stock valued at $200,917,000 after purchasing an additional 86,197 shares during the period. JPMorgan Chase & Co. lifted its stake in shares of iShares U.S. Financials ETF by 184.1% during the 4th quarter. JPMorgan Chase & Co. now owns 1,053,341 shares of the company’s stock valued at $135,807,000 after buying an additional 682,543 shares in the last quarter. Finally, Sagespring Wealth Partners LLC lifted its stake in shares of iShares U.S. Financials ETF by 247.2% during the 4th quarter. Sagespring Wealth Partners LLC now owns 826,819 shares of the company’s stock valued at $106,602,000 after buying an additional 588,659 shares in the last quarter.

iShares U.S. Financials ETF Trading Up 0.0%

IYF opened at $134.56 on Friday. iShares U.S. Financials ETF has a 12 month low of $113.62 and a 12 month high of $135.05. The company has a market cap of $4.27 billion, a PE ratio of 16.42 and a beta of 0.90. The company has a 50 day moving average of $126.84 and a 200 day moving average of $125.04.

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.