HBW Advisory Services LLC Grows Position in iShares U.S. Financials ETF $IYF

HBW Advisory Services LLC grew its stake in shares of iShares U.S. Financials ETF (NYSEARCA:IYF) by 157.3% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 10,307 shares of the company’s stock after buying an additional 6,301 shares during the period. HBW Advisory Services LLC’s holdings in iShares U.S. Financials ETF were worth $1,329,000 at the end of the most recent reporting period.

Several other hedge funds also recently bought and sold shares of IYF. Ransom Advisory Ltd purchased a new stake in shares of iShares U.S. Financials ETF in the fourth quarter valued at $26,000. Flagship Harbor Advisors LLC purchased a new stake in shares of iShares U.S. Financials ETF in the fourth quarter valued at $26,000. Financial Life Planners purchased a new stake in shares of iShares U.S. Financials ETF in the third quarter valued at $27,000. BNP Paribas Financial Markets purchased a new stake in shares of iShares U.S. Financials ETF in the third quarter valued at $34,000. Finally, Davis Capital Management purchased a new stake in shares of iShares U.S. Financials ETF in the third quarter valued at $35,000.

iShares U.S. Financials ETF Stock Up 1.7%

Shares of NYSEARCA:IYF opened at $123.52 on Tuesday. The company has a market cap of $3.42 billion, a P/E ratio of 16.42 and a beta of 0.97. iShares U.S. Financials ETF has a 52 week low of $101.89 and a 52 week high of $133.54. The business has a fifty day simple moving average of $121.29 and a 200-day simple moving average of $124.51.

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.