Aurora Private Wealth Inc. bought a new stake in iShares U.S. Financials ETF (NYSEARCA:IYF – Free Report) during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm bought 31,326 shares of the company’s stock, valued at approximately $3,535,000.
Other large investors also recently modified their holdings of the company. Bank of America Corp DE boosted its holdings in iShares U.S. Financials ETF by 1.9% during the fourth quarter. Bank of America Corp DE now owns 1,698,803 shares of the company’s stock worth $187,854,000 after buying an additional 32,121 shares in the last quarter. Schroder Investment Management Group grew its stake in iShares U.S. Financials ETF by 326.7% in the fourth quarter. Schroder Investment Management Group now owns 1,118,327 shares of the company’s stock valued at $123,653,000 after purchasing an additional 856,252 shares in the last quarter. Hsbc Holdings PLC lifted its stake in iShares U.S. Financials ETF by 56.0% in the fourth quarter. Hsbc Holdings PLC now owns 1,023,916 shares of the company’s stock valued at $113,225,000 after acquiring an additional 367,508 shares during the last quarter. LPL Financial LLC lifted its position in shares of iShares U.S. Financials ETF by 33.8% in the fourth quarter. LPL Financial LLC now owns 678,478 shares of the company’s stock worth $75,026,000 after buying an additional 171,559 shares during the last quarter. Finally, Bank of Montreal Can grew its holdings in iShares U.S. Financials ETF by 51.3% during the fourth quarter. Bank of Montreal Can now owns 652,991 shares of the company’s stock valued at $72,208,000 after purchasing an additional 221,383 shares during the last quarter.
iShares U.S. Financials ETF Stock Up 1.3%
Shares of NYSEARCA IYF opened at $118.70 on Wednesday. iShares U.S. Financials ETF has a 12 month low of $92.83 and a 12 month high of $119.90. The business’s 50 day moving average is $113.62 and its two-hundred day moving average is $113.09. The company has a market cap of $3.50 billion, a P/E ratio of 16.42 and a beta of 1.02.
About iShares U.S. Financials ETF
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.
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