Retirement Planning Group LLC purchased a new stake in iShares U.S. Financials ETF (NYSEARCA:IYF – Free Report) during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 3,961 shares of the company’s stock, valued at approximately $498,000.
Several other large investors have also recently bought and sold shares of the stock. Financial Life Planners acquired a new stake in iShares U.S. Financials ETF during the first quarter worth approximately $25,000. GAMMA Investing LLC bought a new stake in shares of iShares U.S. Financials ETF during the third quarter worth approximately $32,000. Bank of New Hampshire bought a new stake in shares of iShares U.S. Financials ETF during the third quarter worth approximately $33,000. North Star Investment Management Corp. boosted its holdings in shares of iShares U.S. Financials ETF by 54.7% during the first quarter. North Star Investment Management Corp. now owns 328 shares of the company’s stock worth $39,000 after acquiring an additional 116 shares during the period. Finally, Scarborough Advisors LLC bought a new stake in shares of iShares U.S. Financials ETF during the first quarter worth approximately $103,000.
iShares U.S. Financials ETF Trading Up 0.6%
iShares U.S. Financials ETF stock opened at $130.28 on Thursday. iShares U.S. Financials ETF has a 12 month low of $113.62 and a 12 month high of $139.09. The stock’s 50 day moving average is $132.38 and its 200-day moving average is $129.35. The company has a market capitalization of $3.82 billion, a price-to-earnings ratio of 16.42 and a beta of 0.91.
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.
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