Whitener Capital Management Inc. acquired a new position in shares of iShares U.S. Financials ETF (NYSEARCA:IYF – Free Report) in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 6,336 shares of the company’s stock, valued at approximately $796,000.
A number of other hedge funds have also modified their holdings of IYF. The Manufacturers Life Insurance Company acquired a new position in shares of iShares U.S. Financials ETF during the 2nd quarter worth approximately $129,579,000. Hsbc Holdings PLC acquired a new stake in iShares U.S. Financials ETF during the 4th quarter valued at $103,827,000. Advisortrust Partners LLC acquired a new stake in iShares U.S. Financials ETF during the 4th quarter valued at $11,466,000. Avior Wealth Management LLC acquired a new stake in iShares U.S. Financials ETF during the 3rd quarter valued at $2,280,000. Finally, Sanctuary Advisors LLC grew its holdings in iShares U.S. Financials ETF by 14.0% during the 1st quarter. Sanctuary Advisors LLC now owns 110,053 shares of the company’s stock valued at $12,949,000 after buying an additional 13,557 shares during the last quarter.
iShares U.S. Financials ETF Stock Performance
iShares U.S. Financials ETF stock opened at $128.55 on Friday. The stock has a fifty day moving average of $133.03 and a two-hundred day moving average of $129.02. The company has a market capitalization of $3.77 billion, a price-to-earnings ratio of 16.42 and a beta of 0.91. iShares U.S. Financials ETF has a fifty-two week low of $113.62 and a fifty-two week high of $139.09.
About iShares U.S. Financials ETF
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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