Strategic Wealth Partners Ltd. Invests $358,000 in iShares U.S. Financials ETF (NYSEARCA:IYF)

Strategic Wealth Partners Ltd. purchased a new position in iShares U.S. Financials ETF (NYSEARCA:IYF) during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund purchased 3,024 shares of the company’s stock, valued at approximately $358,000.

A number of other institutional investors and hedge funds have also recently bought and sold shares of IYF. Accredited Wealth Management LLC bought a new stake in shares of iShares U.S. Financials ETF in the 4th quarter worth about $29,000. Private Trust Co. NA grew its stake in iShares U.S. Financials ETF by 50.5% in the fourth quarter. Private Trust Co. NA now owns 301 shares of the company’s stock worth $33,000 after purchasing an additional 101 shares in the last quarter. Kestra Investment Management LLC bought a new stake in iShares U.S. Financials ETF in the fourth quarter valued at about $34,000. Newbridge Financial Services Group Inc. bought a new stake in iShares U.S. Financials ETF in the fourth quarter valued at about $37,000. Finally, Stonebridge Financial Group LLC acquired a new stake in iShares U.S. Financials ETF during the fourth quarter valued at approximately $37,000.

iShares U.S. Financials ETF Stock Down 0.1%

NYSEARCA:IYF opened at $117.87 on Tuesday. The company has a market cap of $3.54 billion, a PE ratio of 14.93 and a beta of 1.02. The business’s 50 day moving average is $109.98 and its two-hundred day moving average is $113.03. iShares U.S. Financials ETF has a 52 week low of $92.00 and a 52 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.