1,902 Shares in iShares U.S. Financials ETF (NYSEARCA:IYF) Acquired by Vivaldi Capital Management LP

Vivaldi Capital Management LP purchased a new position in iShares U.S. Financials ETF (NYSEARCA:IYF) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 1,902 shares of the company’s stock, valued at approximately $224,000.

A number of other institutional investors also recently added to or reduced their stakes in IYF. Park Avenue Securities LLC lifted its stake in iShares U.S. Financials ETF by 36.4% in the fourth quarter. Park Avenue Securities LLC now owns 3,048 shares of the company’s stock worth $337,000 after acquiring an additional 813 shares during the last quarter. Merit Financial Group LLC purchased a new position in iShares U.S. Financials ETF in the fourth quarter worth approximately $523,000. Arkadios Wealth Advisors lifted its stake in iShares U.S. Financials ETF by 6.9% in the fourth quarter. Arkadios Wealth Advisors now owns 6,218 shares of the company’s stock worth $688,000 after acquiring an additional 400 shares during the last quarter. Financial Freedom LLC lifted its position in shares of iShares U.S. Financials ETF by 16.6% during the 4th quarter. Financial Freedom LLC now owns 6,347 shares of the company’s stock worth $702,000 after buying an additional 905 shares during the last quarter. Finally, Wealth Management Partners LLC lifted its position in shares of iShares U.S. Financials ETF by 17.8% during the 4th quarter. Wealth Management Partners LLC now owns 8,877 shares of the company’s stock worth $982,000 after buying an additional 1,342 shares during the last quarter.

iShares U.S. Financials ETF Trading Down 0.1%

Shares of NYSEARCA:IYF opened at $117.87 on Tuesday. The company has a market capitalization of $3.54 billion, a PE ratio of 14.93 and a beta of 1.02. iShares U.S. Financials ETF has a twelve month low of $92.00 and a twelve month high of $119.90. The firm has a 50 day simple moving average of $109.98 and a 200-day simple moving average of $113.03.

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.