iShares U.S. Financials ETF (NYSEARCA:IYF) Shares Purchased by National Bank of Canada FI

National Bank of Canada FI boosted its holdings in shares of iShares U.S. Financials ETF (NYSEARCA:IYF) by 10.9% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 7,353 shares of the company’s stock after acquiring an additional 724 shares during the quarter. National Bank of Canada FI’s holdings in iShares U.S. Financials ETF were worth $764,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in IYF. The Manufacturers Life Insurance Company acquired a new stake in shares of iShares U.S. Financials ETF during the 2nd quarter worth about $56,608,000. Bank of Montreal Can boosted its stake in iShares U.S. Financials ETF by 705.1% during the third quarter. Bank of Montreal Can now owns 431,608 shares of the company’s stock worth $44,658,000 after buying an additional 377,999 shares during the period. Wulff Hansen & CO. increased its position in shares of iShares U.S. Financials ETF by 9,357.0% during the second quarter. Wulff Hansen & CO. now owns 262,432 shares of the company’s stock valued at $24,818,000 after acquiring an additional 259,657 shares during the last quarter. Apollon Wealth Management LLC raised its stake in shares of iShares U.S. Financials ETF by 1,161.0% in the 3rd quarter. Apollon Wealth Management LLC now owns 124,235 shares of the company’s stock valued at $12,908,000 after acquiring an additional 114,383 shares during the period. Finally, International Assets Investment Management LLC lifted its holdings in shares of iShares U.S. Financials ETF by 10,290.9% in the 3rd quarter. International Assets Investment Management LLC now owns 100,584 shares of the company’s stock worth $10,451,000 after acquiring an additional 99,616 shares during the last quarter.

iShares U.S. Financials ETF Stock Performance

NYSEARCA:IYF opened at $114.08 on Friday. The stock has a market capitalization of $3.17 billion, a P/E ratio of 16.14 and a beta of 0.84. iShares U.S. Financials ETF has a fifty-two week low of $83.28 and a fifty-two week high of $119.90. The company has a 50 day moving average price of $112.19 and a 200 day moving average price of $103.53.

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.