Cadent Capital Advisors LLC Buys Shares of 19,438 iShares U.S. Financials ETF $IYF

Cadent Capital Advisors LLC bought a new stake in iShares U.S. Financials ETF (NYSEARCA:IYF) in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 19,438 shares of the company’s stock, valued at approximately $2,352,000. Cadent Capital Advisors LLC owned 0.06% of iShares U.S. Financials ETF as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the business. The Manufacturers Life Insurance Company lifted its holdings in iShares U.S. Financials ETF by 1,366.8% in the first quarter. The Manufacturers Life Insurance Company now owns 1,498,231 shares of the company’s stock valued at $169,075,000 after acquiring an additional 1,396,090 shares during the period. Goldman Sachs Group Inc. lifted its holdings in iShares U.S. Financials ETF by 12.7% in the first quarter. Goldman Sachs Group Inc. now owns 929,654 shares of the company’s stock valued at $104,911,000 after acquiring an additional 105,022 shares during the period. LPL Financial LLC lifted its holdings in iShares U.S. Financials ETF by 9.5% in the first 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 period. Northwestern Mutual Wealth Management Co. lifted its holdings in iShares U.S. Financials ETF by 7.0% in the first quarter. Northwestern Mutual Wealth Management Co. now owns 688,878 shares of the company’s stock valued at $77,740,000 after acquiring an additional 45,100 shares during the period. Finally, PGIM Custom Harvest LLC increased its position in shares of iShares U.S. Financials ETF by 27.0% in the first quarter. PGIM Custom Harvest LLC now owns 648,435 shares of the company’s stock valued at $73,176,000 after buying an additional 137,864 shares in the last quarter.

iShares U.S. Financials ETF Stock Down 0.2%

Shares of IYF stock opened at $125.72 on Friday. iShares U.S. Financials ETF has a fifty-two week low of $95.34 and a fifty-two week high of $128.07. The stock has a market cap of $4.31 billion, a P/E ratio of 16.42 and a beta of 1.03. The business has a fifty day simple moving average of $124.04 and a 200-day simple moving average of $117.17.

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.