Gladstone Institutional Advisory LLC Has $1.17 Million Stake in iShares U.S. Financials ETF (NYSEARCA:IYF)

Gladstone Institutional Advisory LLC raised its holdings in iShares U.S. Financials ETF (NYSEARCA:IYF) by 92.4% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 10,559 shares of the company’s stock after purchasing an additional 5,071 shares during the quarter. Gladstone Institutional Advisory LLC’s holdings in iShares U.S. Financials ETF were worth $1,168,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently bought and sold shares of IYF. Concourse Financial Group Securities Inc. raised its holdings 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 buying an additional 184 shares during the last quarter. Stratos Investment Management LLC raised its stake in shares of iShares U.S. Financials ETF by 67.2% in the third quarter. Stratos Investment Management LLC now owns 5,269 shares of the company’s stock worth $547,000 after acquiring an additional 2,118 shares during the last quarter. Raymond James & Associates lifted its position in shares of iShares U.S. Financials ETF by 3.5% during the third quarter. Raymond James & Associates now owns 100,471 shares of the company’s stock worth $10,439,000 after purchasing an additional 3,399 shares in the last quarter. Private Advisor Group LLC grew its stake in shares of iShares U.S. Financials ETF by 66.9% during the third quarter. Private Advisor Group LLC now owns 37,370 shares of the company’s stock valued at $3,883,000 after purchasing an additional 14,983 shares during the last quarter. Finally, Saxony Capital Management LLC acquired a new stake in shares of iShares U.S. Financials ETF in the third quarter valued at approximately $204,000.

iShares U.S. Financials ETF Stock Performance

Shares of IYF opened at $118.41 on Friday. The business’s fifty day moving average price is $114.17 and its two-hundred day moving average price is $108.98. The firm has a market capitalization of $3.29 billion, a price-to-earnings ratio of 16.14 and a beta of 0.84. iShares U.S. Financials ETF has a 52 week low of $87.36 and a 52 week 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.