6,336 Shares in iShares U.S. Financials ETF $IYF Purchased by Whitener Capital Management Inc.

Whitener Capital Management Inc. purchased a new position in shares of iShares U.S. Financials ETF (NYSEARCA:IYF) in the 3rd quarter, Holdings Channel reports. The firm purchased 6,336 shares of the company’s stock, valued at approximately $796,000.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Forte Asset Management LLC raised its stake in iShares U.S. Financials ETF by 1.1% during the third quarter. Forte Asset Management LLC now owns 7,531 shares of the company’s stock worth $946,000 after purchasing an additional 84 shares during the period. Rockefeller Capital Management L.P. grew its stake in shares of iShares U.S. Financials ETF by 0.3% during the 4th quarter. Rockefeller Capital Management L.P. now owns 26,926 shares of the company’s stock valued at $3,472,000 after buying an additional 86 shares during the period. CX Institutional grew its stake in shares of iShares U.S. Financials ETF by 0.5% during the 3rd quarter. CX Institutional now owns 20,255 shares of the company’s stock valued at $2,545,000 after buying an additional 98 shares during the period. Allworth Financial LP grew its stake in shares of iShares U.S. Financials ETF by 5.3% during the 2nd quarter. Allworth Financial LP now owns 2,021 shares of the company’s stock valued at $258,000 after buying an additional 101 shares during the period. Finally, North Star Investment Management Corp. increased its holdings in shares of iShares U.S. Financials ETF by 54.7% during the 1st quarter. North Star Investment Management Corp. now owns 328 shares of the company’s stock worth $39,000 after buying an additional 116 shares during the last quarter.

iShares U.S. Financials ETF Stock Up 1.4%

IYF stock opened at $128.55 on Friday. The company has a market cap of $3.77 billion, a price-to-earnings ratio of 16.42 and a beta of 0.91. The business has a fifty day simple moving average of $133.03 and a 200-day simple moving average of $129.02. iShares U.S. Financials ETF has a 52 week low of $113.62 and a 52 week high of $139.09.

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.