Americana Partners LLC Takes Position in iShares U.S. Financials ETF (NYSEARCA:IYF)

Americana Partners LLC purchased a new stake in iShares U.S. Financials ETF (NYSEARCA:IYF) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 1,827 shares of the company’s stock, valued at approximately $202,000.

Other large investors also recently made changes to their positions in the company. The Manufacturers Life Insurance Company increased its position in shares of iShares U.S. Financials ETF by 28.5% in the 3rd quarter. The Manufacturers Life Insurance Company now owns 769,351 shares of the company’s stock valued at $79,936,000 after buying an additional 170,769 shares in the last quarter. Bank of Montreal Can increased its position in shares of iShares U.S. Financials ETF by 705.1% in the 3rd quarter. Bank of Montreal Can now owns 431,608 shares of the company’s stock valued at $44,658,000 after buying an additional 377,999 shares in the last quarter. Magnus Financial Group LLC increased its position in shares of iShares U.S. Financials ETF by 2.4% in the 4th quarter. Magnus Financial Group LLC now owns 193,219 shares of the company’s stock valued at $21,366,000 after buying an additional 4,573 shares in the last quarter. MinichMacGregor Wealth Management LLC increased its position in shares of iShares U.S. Financials ETF by 93.1% in the 4th quarter. MinichMacGregor Wealth Management LLC now owns 181,005 shares of the company’s stock valued at $20,016,000 after buying an additional 87,248 shares in the last quarter. Finally, Apollon Wealth Management LLC increased its position 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 buying an additional 114,383 shares in the last quarter.

iShares U.S. Financials ETF Stock Up 0.7 %

IYF opened at $119.37 on Wednesday. iShares U.S. Financials ETF has a 12 month low of $88.73 and a 12 month high of $119.90. The company has a fifty day simple moving average of $114.30 and a 200 day simple moving average of $109.41. The stock has a market cap of $3.31 billion, a P/E ratio of 16.14 and a beta of 0.84.

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.