iShares U.S. Financials ETF (NYSEARCA:IYF) Shares Bought by Moloney Securities Asset Management LLC

Moloney Securities Asset Management LLC grew its position in shares of iShares U.S. Financials ETF (NYSEARCA:IYF) by 3.7% during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 85,350 shares of the company’s stock after purchasing an additional 3,077 shares during the period. iShares U.S. Financials ETF makes up about 1.3% of Moloney Securities Asset Management LLC’s holdings, making the stock its 11th largest holding. Moloney Securities Asset Management LLC owned about 0.31% of iShares U.S. Financials ETF worth $9,438,000 at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. Financial Life Planners acquired a new stake in shares of iShares U.S. Financials ETF in the fourth quarter valued at $42,000. Capital Performance Advisors LLP acquired a new stake in shares of iShares U.S. Financials ETF in the third quarter valued at $41,000. Bogart Wealth LLC raised its stake in shares of iShares U.S. Financials ETF by 34.2% in the third quarter. Bogart Wealth LLC now owns 416 shares of the company’s stock valued at $43,000 after acquiring an additional 106 shares in the last quarter. Anchor Investment Management LLC raised its stake in shares of iShares U.S. Financials ETF by 320.0% in the third quarter. Anchor Investment Management LLC now owns 693 shares of the company’s stock valued at $72,000 after acquiring an additional 528 shares in the last quarter. Finally, Concourse Financial Group Securities Inc. raised its stake in shares of iShares U.S. Financials ETF by 26.5% in the third quarter. Concourse Financial Group Securities Inc. now owns 879 shares of the company’s stock valued at $91,000 after acquiring an additional 184 shares in the last quarter.

iShares U.S. Financials ETF Price Performance

NYSEARCA:IYF opened at $118.67 on Friday. The firm has a market capitalization of $3.29 billion, a PE ratio of 16.14 and a beta of 0.84. The business’s fifty day moving average price is $114.15 and its 200 day moving average price is $108.55. iShares U.S. Financials ETF has a 12 month low of $86.24 and a 12 month high of $119.90.

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.