5,809 Shares in iShares U.S. Financials ETF $IYF Purchased by Cottonwood Capital Advisors LLC

Cottonwood Capital Advisors LLC bought a new stake in shares of iShares U.S. Financials ETF (NYSEARCA:IYF) in the first quarter, Holdings Channel reports. The fund bought 5,809 shares of the company’s stock, valued at approximately $684,000.

Several other hedge funds and other institutional investors have also recently modified their holdings of the stock. Matthew Goff Investment Advisor LLC bought a new position in shares of iShares U.S. Financials ETF in the first quarter valued at approximately $1,086,000. XML Financial LLC lifted its stake in iShares U.S. Financials ETF by 0.9% in the 1st quarter. XML Financial LLC now owns 113,726 shares of the company’s stock worth $13,381,000 after purchasing an additional 1,054 shares in the last quarter. Southern Capital Advisors LLC lifted its stake in iShares U.S. Financials ETF by 4.9% in the 1st quarter. Southern Capital Advisors LLC now owns 5,514 shares of the company’s stock worth $649,000 after purchasing an additional 259 shares in the last quarter. Hsbc Holdings PLC purchased a new stake in iShares U.S. Financials ETF in the 4th quarter worth approximately $103,827,000. Finally, Rockefeller Capital Management L.P. boosted its holdings in iShares U.S. Financials ETF by 0.3% in the 4th quarter. Rockefeller Capital Management L.P. now owns 26,926 shares of the company’s stock valued at $3,472,000 after purchasing an additional 86 shares during the period.

iShares U.S. Financials ETF Price Performance

IYF opened at $129.09 on Wednesday. The company has a fifty day moving average price of $124.42 and a 200-day moving average price of $124.75. The firm has a market capitalization of $3.54 billion, a P/E ratio of 16.42 and a beta of 0.91. iShares U.S. Financials ETF has a one year low of $113.62 and a one year high of $133.54.

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