Mutual Advisors LLC Purchases 12,019 Shares of iShares U.S. Financials ETF (NYSEARCA:IYF)

Mutual Advisors LLC grew its position in shares of iShares U.S. Financials ETF (NYSEARCA:IYF) by 125.9% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 21,563 shares of the company’s stock after buying an additional 12,019 shares during the quarter. Mutual Advisors LLC owned 0.08% of iShares U.S. Financials ETF worth $2,476,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Capital Performance Advisors LLP purchased a new stake in iShares U.S. Financials ETF during the third quarter worth about $41,000. Bogart Wealth LLC increased its stake in shares of iShares U.S. Financials ETF by 34.2% during the 3rd quarter. Bogart Wealth LLC now owns 416 shares of the company’s stock worth $43,000 after purchasing an additional 106 shares during the last quarter. Anchor Investment Management LLC raised its holdings in shares of iShares U.S. Financials ETF by 320.0% in the 3rd quarter. Anchor Investment Management LLC now owns 693 shares of the company’s stock worth $72,000 after purchasing an additional 528 shares during the period. Concourse Financial Group Securities Inc. lifted its stake in iShares U.S. Financials ETF by 26.5% in the third quarter. Concourse Financial Group Securities Inc. now owns 879 shares of the company’s stock valued at $91,000 after purchasing an additional 184 shares during the last quarter. Finally, Christopher J. Hasenberg Inc bought a new position in iShares U.S. Financials ETF during the fourth quarter valued at $130,000.

iShares U.S. Financials ETF Price Performance

Shares of IYF opened at $116.76 on Friday. The firm has a market cap of $3.24 billion, a PE ratio of 16.14 and a beta of 0.84. iShares U.S. Financials ETF has a 1 year low of $85.37 and a 1 year high of $119.90. The stock’s fifty day moving average price is $113.94 and its two-hundred day moving average price is $107.00.

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.