Kellett Wealth Advisors LLC Acquires 3,964 Shares of iShares U.S. Financials ETF (NYSEARCA:IYF)

Kellett Wealth Advisors LLC boosted its holdings in shares of iShares U.S. Financials ETF (NYSEARCA:IYF) by 101.0% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 7,887 shares of the company’s stock after acquiring an additional 3,964 shares during the period. Kellett Wealth Advisors LLC’s holdings in iShares U.S. Financials ETF were worth $674,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in IYF. The Manufacturers Life Insurance Company bought a new position in iShares U.S. Financials ETF during the 3rd quarter worth about $89,003,000. SG Americas Securities LLC bought a new position in iShares U.S. Financials ETF during the 3rd quarter worth about $63,114,000. 1832 Asset Management L.P. bought a new position in iShares U.S. Financials ETF during the 4th quarter worth about $17,128,000. Prudential Financial Inc. lifted its position in shares of iShares U.S. Financials ETF by 134.6% during the second quarter. Prudential Financial Inc. now owns 187,845 shares of the company’s stock valued at $13,249,000 after buying an additional 107,770 shares during the last quarter. Finally, International Assets Investment Management LLC purchased a new stake in shares of iShares U.S. Financials ETF during the fourth quarter valued at about $7,062,000.

iShares U.S. Financials ETF Price Performance

Shares of IYF stock traded up $0.60 during mid-day trading on Thursday, hitting $90.09. 73,187 shares of the stock traded hands, compared to its average volume of 163,573. The stock has a market cap of $2.47 billion, a P/E ratio of 15.87 and a beta of 0.90. The stock’s fifty day moving average is $91.74 and its two-hundred day moving average is $84.40. iShares U.S. Financials ETF has a 52-week low of $68.31 and a 52-week high of $95.88.

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.