Strategic Investment Solutions Inc. IL Has $1.48 Million Stock Position in iShares U.S. Financials ETF $IYF

Strategic Investment Solutions Inc. IL grew its holdings in shares of iShares U.S. Financials ETF (NYSEARCA:IYF) by 136.8% in the second quarter, Holdings Channel reports. The institutional investor owned 11,582 shares of the company’s stock after acquiring an additional 6,691 shares during the period. Strategic Investment Solutions Inc. IL’s holdings in iShares U.S. Financials ETF were worth $1,477,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in IYF. AQR Capital Management LLC bought a new stake in iShares U.S. Financials ETF during the 1st quarter worth approximately $426,000. Integrated Wealth Concepts LLC boosted its position in shares of 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 valued at $483,000 after buying an additional 1,343 shares during the last quarter. Jane Street Group LLC purchased a new position in shares of iShares U.S. Financials ETF during the first quarter valued at approximately $247,000. Focus Partners Wealth grew its holdings in 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 grew its holdings in iShares U.S. Financials ETF by 33.7% during the second quarter. First Trust Advisors LP now owns 2,557 shares of the company’s stock worth $309,000 after buying an additional 645 shares in the last quarter.

iShares U.S. Financials ETF Trading Up 0.0%

NYSEARCA IYF opened at $136.86 on Friday. The firm has a market capitalization of $4.61 billion, a P/E ratio of 16.42 and a beta of 0.89. The business has a fifty day simple moving average of $130.76 and a 200 day simple moving average of $125.59. iShares U.S. Financials ETF has a 12 month low of $113.62 and a 12 month high of $138.44.

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.