Spire Wealth Management Acquires 685 Shares of iShares U.S. Financials ETF $IYF

Spire Wealth Management raised its holdings in iShares U.S. Financials ETF (NYSEARCA:IYF) by 4.1% during the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 17,405 shares of the company’s stock after acquiring an additional 685 shares during the quarter. Spire Wealth Management owned approximately 0.05% of iShares U.S. Financials ETF worth $2,106,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds also recently bought and sold shares of the company. Park Square Financial Group LLC bought a new position in iShares U.S. Financials ETF in the 1st quarter valued at $34,000. Golden State Wealth Management LLC grew its position in iShares U.S. Financials ETF by 69.0% in the 1st quarter. Golden State Wealth Management LLC now owns 311 shares of the company’s stock valued at $35,000 after acquiring an additional 127 shares during the last quarter. Rise Advisors LLC grew its position in iShares U.S. Financials ETF by 60.4% in the 2nd quarter. Rise Advisors LLC now owns 364 shares of the company’s stock valued at $44,000 after acquiring an additional 137 shares during the last quarter. Private Trust Co. NA grew its position in iShares U.S. Financials ETF by 106.7% in the 2nd quarter. Private Trust Co. NA now owns 705 shares of the company’s stock valued at $85,000 after acquiring an additional 364 shares during the last quarter. Finally, Picton Mahoney Asset Management grew its position in shares of iShares U.S. Financials ETF by 11.1% during the 1st quarter. Picton Mahoney Asset Management now owns 1,000 shares of the company’s stock worth $113,000 after buying an additional 100 shares in the last quarter.

iShares U.S. Financials ETF Price Performance

Shares of IYF stock opened at $122.04 on Friday. iShares U.S. Financials ETF has a 1-year low of $95.34 and a 1-year high of $128.07. The stock’s 50-day moving average is $124.72 and its 200 day moving average is $119.82. The company has a market cap of $4.06 billion, a P/E ratio of 16.42 and a beta of 1.02.

iShares U.S. Financials ETF Company 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.