iShares U.S. Financials ETF (NYSEARCA:IYF – Get Free Report) shares reached a new 52-week high during mid-day trading on Thursday . The company traded as high as $116.58 and last traded at $116.49, with a volume of 44830 shares. The stock had previously closed at $114.84.
iShares U.S. Financials ETF Price Performance
The firm has a 50-day simple moving average of $107.56 and a 200 day simple moving average of $100.94. The firm has a market cap of $3.23 billion, a PE ratio of 16.14 and a beta of 0.84.
Hedge Funds Weigh In On iShares U.S. Financials ETF
Several large investors have recently made changes to their positions in IYF. Rothschild Investment LLC purchased a new stake in shares of iShares U.S. Financials ETF in the second quarter worth $25,000. GPS Wealth Strategies Group LLC raised its holdings in iShares U.S. Financials ETF by 436.0% in the second quarter. GPS Wealth Strategies Group LLC now owns 268 shares of the company’s stock worth $25,000 after buying an additional 218 shares during the last quarter. Capital Performance Advisors LLP bought a new stake in shares of iShares U.S. Financials ETF during the third quarter valued at approximately $41,000. Bogart Wealth LLC raised its holdings in iShares U.S. Financials ETF by 34.2% in the 3rd quarter. Bogart Wealth LLC now owns 416 shares of the company’s stock worth $43,000 after acquiring an additional 106 shares during the last quarter. Finally, Thurston Springer Miller Herd & Titak Inc. purchased a new stake in iShares U.S. Financials ETF during the 2nd quarter valued at $57,000.
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.
Featured Stories
- Five stocks we like better than iShares U.S. Financials ETF
- How Can Investors Benefit From After-Hours Trading
- Why Palo Alto Networks’ Multi-Year Uptrend Is Far From Over
- What is a Secondary Public Offering? What Investors Need to Know
- 3 Rock-Solid Buying Opportunities in the Market Right Now
- Low PE Growth Stocks: Unlocking Investment Opportunities
- TJX Companies Stock Poised to Hit a New High This Year
Receive News & Ratings for iShares U.S. Financials ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares U.S. Financials ETF and related companies with MarketBeat.com's FREE daily email newsletter.
