Stillwater Capital Advisors LLC increased its stake in shares of iShares US Financials ETF (NYSEARCA:IYF) by 2.1% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 76,766 shares of the company’s stock after buying an additional 1,590 shares during the quarter. iShares US Financials ETF accounts for 2.5% of Stillwater Capital Advisors LLC’s investment portfolio, making the stock its 20th largest holding. Stillwater Capital Advisors LLC’s holdings in iShares US Financials ETF were worth $9,882,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other institutional investors also recently made changes to their positions in the stock. TCG Advisors LP purchased a new position in shares of iShares US Financials ETF during the 1st quarter valued at $27,000. North Star Investment Management Corp. purchased a new position in shares of iShares US Financials ETF during the 3rd quarter valued at $31,000. CX Institutional purchased a new position in shares of iShares US Financials ETF during the 2nd quarter valued at $50,000. Private Capital Group LLC lifted its position in shares of iShares US Financials ETF by 38.7% during the 2nd quarter. Private Capital Group LLC now owns 505 shares of the company’s stock valued at $59,000 after buying an additional 141 shares during the last quarter. Finally, Meridian Wealth Management LLC purchased a new position in shares of iShares US Financials ETF during the 1st quarter valued at $98,000.
IYF traded up $1.95 during trading on Friday, reaching $128.34. 24,402 shares of the company were exchanged, compared to its average volume of 234,582. The company’s 50-day moving average is $127.05 and its two-hundred day moving average is $124.88. iShares US Financials ETF has a 12-month low of $99.30 and a 12-month high of $131.09.
The business also recently disclosed a — dividend, which was paid on Monday, September 30th. Investors of record on Wednesday, September 25th were issued a dividend of $0.6105 per share. The ex-dividend date was Tuesday, September 24th. This represents a yield of 1.7%.
About iShares US 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.
Read More: What are the Benefits of Index Funds?
Want to see what other hedge funds are holding IYF? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares US Financials ETF (NYSEARCA:IYF).
Receive News & Ratings for iShares US Financials ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares US Financials ETF and related companies with MarketBeat.com's FREE daily email newsletter.