iShares U.S. Financials ETF $IYF Shares Newly Bought by Chicago Partners Investment Group LLC

Chicago Partners Investment Group LLC bought a new position in shares of iShares U.S. Financials ETF (NYSEARCA:IYF) in the 3rd quarter, Holdings Channel.com reports. The firm bought 4,236 shares of the company’s stock, valued at approximately $552,000.

Other institutional investors have also recently made changes to their positions in the company. The Manufacturers Life Insurance Company bought a new stake in iShares U.S. Financials ETF during the 2nd quarter valued at approximately $129,579,000. Royal Bank of Canada lifted its holdings in iShares U.S. Financials ETF by 3.1% in the 1st quarter. Royal Bank of Canada now owns 297,765 shares of the company’s stock worth $35,036,000 after purchasing an additional 8,823 shares in the last quarter. Magnus Financial Group LLC lifted its holdings in iShares U.S. Financials ETF by 2.6% in the 3rd quarter. Magnus Financial Group LLC now owns 217,557 shares of the company’s stock worth $27,338,000 after purchasing an additional 5,588 shares in the last quarter. Sanctuary Advisors LLC lifted its holdings in iShares U.S. Financials ETF by 14.0% in the 1st quarter. Sanctuary Advisors LLC now owns 110,053 shares of the company’s stock worth $12,949,000 after purchasing an additional 13,557 shares in the last quarter. Finally, WASHINGTON TRUST Co bought a new position in iShares U.S. Financials ETF in the 3rd quarter worth approximately $6,406,000.

iShares U.S. Financials ETF Price Performance

IYF stock opened at $134.93 on Friday. iShares U.S. Financials ETF has a 1-year low of $113.62 and a 1-year high of $139.09. The business has a 50 day simple moving average of $131.03 and a two-hundred day simple moving average of $127.91. The company has a market capitalization of $3.93 billion, a price-to-earnings ratio of 14.99 and a beta of 0.89.

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.