WealthCare Asset Management LLC acquired a new position in shares of iShares U.S. Financials ETF (NYSEARCA:IYF – Free Report) in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 64,107 shares of the company’s stock, valued at approximately $8,011,000. iShares U.S. Financials ETF makes up about 5.3% of WealthCare Asset Management LLC’s portfolio, making the stock its 4th biggest holding. WealthCare Asset Management LLC owned approximately 0.19% of iShares U.S. Financials ETF as of its most recent filing with the SEC.
Other institutional investors and hedge funds have also made changes to their positions in the company. Ransom Advisory Ltd acquired a new position in shares of iShares U.S. Financials ETF during the 4th quarter worth about $26,000. Flagship Harbor Advisors LLC acquired a new position in shares of iShares U.S. Financials ETF during the 4th quarter worth about $26,000. Financial Life Planners acquired a new position in shares of iShares U.S. Financials ETF during the 3rd quarter worth about $27,000. Key Capital Management INC acquired a new position in shares of iShares U.S. Financials ETF during the 4th quarter worth about $28,000. Finally, Hazlett Burt & Watson Inc. boosted its position in shares of iShares U.S. Financials ETF by 666.7% during the 4th quarter. Hazlett Burt & Watson Inc. now owns 230 shares of the company’s stock worth $30,000 after acquiring an additional 200 shares in the last quarter.
iShares U.S. Financials ETF Stock Performance
NYSEARCA:IYF opened at $129.57 on Wednesday. The stock has a 50-day simple moving average of $123.69 and a 200-day simple moving average of $124.65. The stock has a market cap of $3.55 billion, a P/E ratio of 16.42 and a beta of 0.91. iShares U.S. Financials ETF has a 1 year low of $113.62 and a 1 year 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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