iShares U.S. Financials ETF $IYF Position Boosted by Nvest Financial LLC

Nvest Financial LLC boosted its holdings in iShares U.S. Financials ETF (NYSEARCA:IYF) by 49.7% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 19,596 shares of the company’s stock after acquiring an additional 6,503 shares during the quarter. iShares U.S. Financials ETF accounts for 1.1% of Nvest Financial LLC’s portfolio, making the stock its 25th largest position. Nvest Financial LLC’s holdings in iShares U.S. Financials ETF were worth $2,527,000 as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in the business. Somerset Group LLC boosted its position in iShares U.S. Financials ETF by 0.3% during the 3rd quarter. Somerset Group LLC now owns 24,836 shares of the company’s stock worth $3,145,000 after acquiring an additional 82 shares during the period. Lpwm LLC grew its stake in shares of iShares U.S. Financials ETF by 1.8% in the fourth quarter. Lpwm LLC now owns 4,871 shares of the company’s stock worth $628,000 after purchasing an additional 86 shares in the last quarter. SeaCrest Wealth Management LLC increased its holdings in shares of iShares U.S. Financials ETF by 3.9% during the third quarter. SeaCrest Wealth Management LLC now owns 2,399 shares of the company’s stock valued at $300,000 after purchasing an additional 90 shares during the period. J.W. Cole Advisors Inc. raised its stake in shares of iShares U.S. Financials ETF by 0.6% during the third quarter. J.W. Cole Advisors Inc. now owns 16,692 shares of the company’s stock valued at $2,114,000 after purchasing an additional 93 shares in the last quarter. Finally, Root Financial Partners LLC raised its stake in shares of iShares U.S. Financials ETF by 19.4% during the fourth quarter. Root Financial Partners LLC now owns 597 shares of the company’s stock valued at $77,000 after purchasing an additional 97 shares in the last quarter.

iShares U.S. Financials ETF Stock Down 1.1%

IYF stock opened at $121.63 on Thursday. The company has a 50-day simple moving average of $122.02 and a 200 day simple moving average of $124.40. The company has a market capitalization of $3.33 billion, a P/E ratio of 16.42 and a beta of 0.92. iShares U.S. Financials ETF has a fifty-two week low of $113.62 and a fifty-two week high of $133.54.

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