WealthCare Asset Management LLC Buys New Position in iShares U.S. Financials ETF $IYF

WealthCare Asset Management LLC bought a new stake in iShares U.S. Financials ETF (NYSEARCA:IYF) in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor bought 64,107 shares of the company’s stock, valued at approximately $8,011,000. iShares U.S. Financials ETF accounts for about 5.3% of WealthCare Asset Management LLC’s investment portfolio, making the stock its 4th biggest position.

Other large investors have also recently made changes to their positions in the company. Ransom Advisory Ltd acquired a new stake in shares of iShares U.S. Financials ETF in the 4th quarter valued at about $26,000. Flagship Harbor Advisors LLC acquired a new stake in shares of iShares U.S. Financials ETF in the 4th quarter valued at about $26,000. Financial Life Planners acquired a new stake in shares of iShares U.S. Financials ETF in the 3rd quarter valued at about $27,000. Key Capital Management INC acquired a new stake in shares of iShares U.S. Financials ETF in the 4th quarter valued at about $28,000. Finally, Hazlett Burt & Watson Inc. boosted its position in shares of iShares U.S. Financials ETF by 666.7% in the 4th quarter. Hazlett Burt & Watson Inc. now owns 230 shares of the company’s stock valued at $30,000 after purchasing an additional 200 shares during the period.

iShares U.S. Financials ETF Stock Up 1.2%

Shares of NYSEARCA IYF opened at $129.57 on Wednesday. The business has a 50-day moving average price of $123.69 and a 200 day moving average price of $124.65. The stock has a market cap of $3.55 billion, a PE ratio of 16.42 and a beta of 0.91. iShares U.S. Financials ETF has a 52-week low of $113.62 and a 52-week high of $133.54.

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.