Wealth Enhancement Advisory Services LLC Grows Stock Holdings in iShares U.S. Financials ETF (NYSEARCA:IYF)

Wealth Enhancement Advisory Services LLC increased its stake in shares of iShares U.S. Financials ETF (NYSEARCA:IYF) by 2.5% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 10,115 shares of the company’s stock after purchasing an additional 251 shares during the period. Wealth Enhancement Advisory Services LLC’s holdings in iShares U.S. Financials ETF were worth $1,051,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also recently made changes to their positions in IYF. Bogart Wealth LLC grew its position in iShares U.S. Financials ETF by 34.2% during the third quarter. Bogart Wealth LLC now owns 416 shares of the company’s stock valued at $43,000 after buying an additional 106 shares during the period. Somerset Group LLC grew its position in iShares U.S. Financials ETF by 0.5% during the second quarter. Somerset Group LLC now owns 22,995 shares of the company’s stock valued at $2,175,000 after buying an additional 114 shares during the period. Larson Financial Group LLC grew its position in iShares U.S. Financials ETF by 5.0% during the second quarter. Larson Financial Group LLC now owns 2,623 shares of the company’s stock valued at $248,000 after buying an additional 124 shares during the period. Concourse Financial Group Securities Inc. grew its position in iShares U.S. Financials ETF by 26.5% during the third quarter. Concourse Financial Group Securities Inc. now owns 879 shares of the company’s stock valued at $91,000 after buying an additional 184 shares during the period. Finally, HCR Wealth Advisors grew its position in iShares U.S. Financials ETF by 5.0% during the third quarter. HCR Wealth Advisors now owns 4,124 shares of the company’s stock valued at $429,000 after buying an additional 195 shares during the period.

iShares U.S. Financials ETF Price Performance

IYF opened at $107.18 on Wednesday. The firm has a market cap of $2.97 billion, a P/E ratio of 16.14 and a beta of 0.84. iShares U.S. Financials ETF has a 1-year low of $75.12 and a 1-year high of $110.10. The company has a 50 day simple moving average of $104.98 and a two-hundred day simple moving average of $99.27.

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.