iShares U.S. Financials ETF (NYSEARCA:IYF) Shares Purchased by Sharp Financial Services LLC

Sharp Financial Services LLC lifted its holdings in iShares U.S. Financials ETF (NYSEARCA:IYF) by 2.3% in the fourth quarter, Holdings Channel reports. The firm owned 49,815 shares of the company’s stock after buying an additional 1,130 shares during the period. iShares U.S. Financials ETF comprises about 4.2% of Sharp Financial Services LLC’s portfolio, making the stock its 5th largest position. Sharp Financial Services LLC’s holdings in iShares U.S. Financials ETF were worth $5,509,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. Capital Performance Advisors LLP acquired a new stake in iShares U.S. Financials ETF during the 3rd quarter worth about $41,000. Bogart Wealth LLC grew its stake in iShares U.S. Financials ETF by 34.2% during the 3rd quarter. Bogart Wealth LLC now owns 416 shares of the company’s stock valued at $43,000 after purchasing an additional 106 shares during the last quarter. Anchor Investment Management LLC grew its stake in iShares U.S. Financials ETF by 320.0% during the 3rd quarter. Anchor Investment Management LLC now owns 693 shares of the company’s stock valued at $72,000 after purchasing an additional 528 shares during the last quarter. Concourse Financial Group Securities Inc. grew its stake in iShares U.S. Financials ETF by 26.5% during the 3rd quarter. Concourse Financial Group Securities Inc. now owns 879 shares of the company’s stock valued at $91,000 after purchasing an additional 184 shares during the last quarter. Finally, Christopher J. Hasenberg Inc purchased a new stake in iShares U.S. Financials ETF during the 4th quarter valued at about $130,000.

iShares U.S. Financials ETF Stock Performance

iShares U.S. Financials ETF stock opened at $116.24 on Thursday. The business’s 50-day simple moving average is $113.92 and its two-hundred day simple moving average is $106.93. The company has a market cap of $3.23 billion, a PE ratio of 16.14 and a beta of 0.84. iShares U.S. Financials ETF has a fifty-two week low of $85.37 and a fifty-two week high of $119.90.

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.