iShares U.S. Financials ETF $IYF Shares Bought by Kesler Norman & Wride LLC

Kesler Norman & Wride LLC raised its stake in iShares U.S. Financials ETF (NYSEARCA:IYF) by 122.4% in the 3rd quarter, Holdings Channel reports. The institutional investor owned 10,129 shares of the company’s stock after buying an additional 5,575 shares during the period. Kesler Norman & Wride LLC’s holdings in iShares U.S. Financials ETF were worth $1,283,000 at the end of the most recent quarter.

A number of other hedge funds have also recently modified their holdings of IYF. Davis Capital Management purchased a new position in iShares U.S. Financials ETF during the third quarter worth about $35,000. Rise Advisors LLC raised its position in shares of iShares U.S. Financials ETF by 60.4% during the 2nd quarter. Rise Advisors LLC now owns 364 shares of the company’s stock valued at $44,000 after buying an additional 137 shares during the period. Newbridge Financial Services Group Inc. raised its position in shares of iShares U.S. Financials ETF by 39.2% during the 2nd quarter. Newbridge Financial Services Group Inc. now owns 465 shares of the company’s stock valued at $56,000 after buying an additional 131 shares during the period. Assetmark Inc. purchased a new position in iShares U.S. Financials ETF in the second quarter worth approximately $63,000. Finally, Private Trust Co. NA increased its position in shares of iShares U.S. Financials ETF by 106.7% during the 2nd quarter. Private Trust Co. NA now owns 705 shares of the company’s stock worth $85,000 after purchasing an additional 364 shares during the last quarter.

iShares U.S. Financials ETF Stock Performance

Shares of IYF opened at $131.56 on Friday. The stock has a market capitalization of $4.25 billion, a PE ratio of 16.42 and a beta of 1.02. iShares U.S. Financials ETF has a 1 year low of $95.34 and a 1 year high of $133.54. The company’s 50-day simple moving average is $126.88 and its 200-day simple moving average is $124.62.

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. The Company invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.