Harbour Investments Inc. Grows Holdings in iShares U.S. Financials ETF (NYSEARCA:IYF)

Harbour Investments Inc. boosted its holdings in iShares U.S. Financials ETF (NYSEARCA:IYF) by 76.3% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 5,072 shares of the company’s stock after purchasing an additional 2,195 shares during the quarter. Harbour Investments Inc.’s holdings in iShares U.S. Financials ETF were worth $572,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. NorthRock Partners LLC raised its holdings in shares of iShares U.S. Financials ETF by 4.2% in the first quarter. NorthRock Partners LLC now owns 3,701 shares of the company’s stock valued at $418,000 after buying an additional 150 shares during the last quarter. Arkadios Wealth Advisors raised its stake in iShares U.S. Financials ETF by 23.6% during the 1st quarter. Arkadios Wealth Advisors now owns 7,687 shares of the company’s stock valued at $868,000 after acquiring an additional 1,469 shares during the last quarter. Clarendon Private LLC purchased a new stake in iShares U.S. Financials ETF during the 1st quarter valued at approximately $202,000. Picton Mahoney Asset Management raised its stake in iShares U.S. Financials ETF by 11.1% during the 1st quarter. Picton Mahoney Asset Management now owns 1,000 shares of the company’s stock valued at $113,000 after acquiring an additional 100 shares during the last quarter. Finally, LPL Financial LLC raised its stake in iShares U.S. Financials ETF by 9.5% during the 1st quarter. LPL Financial LLC now owns 742,926 shares of the company’s stock valued at $83,839,000 after acquiring an additional 64,448 shares during the last quarter.

iShares U.S. Financials ETF Price Performance

iShares U.S. Financials ETF stock opened at $121.07 on Tuesday. iShares U.S. Financials ETF has a 12 month low of $92.83 and a 12 month high of $124.56. The business has a 50 day simple moving average of $119.37 and a 200-day simple moving average of $115.10. The stock has a market capitalization of $4.11 billion, a PE ratio of 16.42 and a beta of 1.03.

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.