Y Intercept Hong Kong Ltd Takes Position in iShares U.S. Financials ETF $IYF

Y Intercept Hong Kong Ltd purchased a new position in shares of iShares U.S. Financials ETF (NYSEARCA:IYF) in the second quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 2,906 shares of the company’s stock, valued at approximately $352,000.

Other large investors have also recently added to or reduced their stakes in the company. Park Square Financial Group LLC acquired a new position in shares of iShares U.S. Financials ETF in the first quarter valued at $34,000. Rise Advisors LLC grew its stake in iShares U.S. Financials ETF by 60.4% during the second quarter. Rise Advisors LLC now owns 364 shares of the company’s stock worth $44,000 after purchasing an additional 137 shares during the period. Private Trust Co. NA boosted its position in shares of iShares U.S. Financials ETF by 106.7% during the 2nd quarter. Private Trust Co. NA now owns 705 shares of the company’s stock worth $85,000 after purchasing an additional 364 shares in the last quarter. Picton Mahoney Asset Management raised its holdings in iShares U.S. Financials ETF by 11.1% during the first quarter. Picton Mahoney Asset Management now owns 1,000 shares of the company’s stock worth $113,000 after buying an additional 100 shares during the last quarter. Finally, IFP Advisors Inc lifted its stake in iShares U.S. Financials ETF by 95.5% during the 1st quarter. IFP Advisors Inc now owns 1,439 shares of the company’s stock valued at $163,000 after acquiring an additional 703 shares in the last quarter.

iShares U.S. Financials ETF Price Performance

Shares of NYSEARCA:IYF opened at $124.06 on Friday. iShares U.S. Financials ETF has a 1 year low of $95.34 and a 1 year high of $128.07. The business has a fifty day moving average price of $124.45 and a two-hundred day moving average price of $120.55. The company has a market capitalization of $4.11 billion, a PE ratio of 16.42 and a beta of 1.02.

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.