Nvest Financial LLC increased its holdings in iShares U.S. Financials ETF (NYSEARCA:IYF – Free Report) by 49.7% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 19,596 shares of the company’s stock after buying an additional 6,503 shares during the period. iShares U.S. Financials ETF comprises approximately 1.1% of Nvest Financial LLC’s holdings, making the stock its 25th biggest position. Nvest Financial LLC owned 0.06% of iShares U.S. Financials ETF worth $2,527,000 as of its most recent SEC filing.
Other institutional investors have also modified their holdings of the company. Tidemark LLC boosted its stake in iShares U.S. Financials ETF by 5.5% in the fourth quarter. Tidemark LLC now owns 8,625 shares of the company’s stock valued at $1,112,000 after acquiring an additional 446 shares during the period. Dynasty Wealth Management LLC raised its position in shares of iShares U.S. Financials ETF by 545.2% during the 4th quarter. Dynasty Wealth Management LLC now owns 1,762,552 shares of the company’s stock worth $227,246,000 after purchasing an additional 1,489,376 shares during the period. Allen Investment Management LLC acquired a new stake in shares of iShares U.S. Financials ETF during the 4th quarter worth approximately $2,041,000. Root Financial Partners LLC lifted its holdings in shares of iShares U.S. Financials ETF by 19.4% in the 4th quarter. Root Financial Partners LLC now owns 597 shares of the company’s stock worth $77,000 after purchasing an additional 97 shares during the last quarter. Finally, Redwood Financial Network Corp lifted its holdings in shares of iShares U.S. Financials ETF by 12.8% in the 4th quarter. Redwood Financial Network Corp now owns 5,711 shares of the company’s stock worth $736,000 after purchasing an additional 647 shares during the last quarter.
iShares U.S. Financials ETF Price Performance
Shares of IYF opened at $121.63 on Thursday. The company has a market cap of $3.33 billion, a P/E ratio of 16.42 and a beta of 0.92. The stock has a fifty day moving average price of $122.02 and a 200 day moving average price of $124.40. iShares U.S. Financials ETF has a 12 month low of $113.62 and a 12 month high of $133.54.
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. The Company invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.
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