LRI Investments LLC Purchases 3,211 Shares of iShares U.S. Financials ETF (NYSEARCA:IYF)

LRI Investments LLC grew its position in shares of iShares U.S. Financials ETF (NYSEARCA:IYF) by 283.7% during the 3rd quarter, Holdings Channel.com reports. The firm owned 4,343 shares of the company’s stock after acquiring an additional 3,211 shares during the period. LRI Investments LLC’s holdings in iShares U.S. Financials ETF were worth $499,000 at the end of the most recent reporting period.

Several other institutional investors have also recently modified their holdings of the company. Bogart Wealth LLC grew its position in 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 acquiring an additional 106 shares during the last quarter. Somerset Group LLC grew its position in iShares U.S. Financials ETF by 0.5% during the 2nd quarter. Somerset Group LLC now owns 22,995 shares of the company’s stock worth $2,175,000 after acquiring an additional 114 shares during the last quarter. Larson Financial Group LLC grew its position in shares of iShares U.S. Financials ETF by 5.0% in the 2nd quarter. Larson Financial Group LLC now owns 2,623 shares of the company’s stock worth $248,000 after buying an additional 124 shares during the last quarter. Concourse Financial Group Securities Inc. grew its position in shares of iShares U.S. Financials ETF by 26.5% in the 3rd quarter. Concourse Financial Group Securities Inc. now owns 879 shares of the company’s stock worth $91,000 after buying an additional 184 shares during the last quarter. Finally, HCR Wealth Advisors grew its position in shares of iShares U.S. Financials ETF by 5.0% in the 3rd quarter. HCR Wealth Advisors now owns 4,124 shares of the company’s stock worth $429,000 after buying an additional 195 shares during the last quarter.

iShares U.S. Financials ETF Stock Down 1.6 %

IYF opened at $115.04 on Tuesday. The stock has a market cap of $3.19 billion, a PE ratio of 16.14 and a beta of 0.84. The business has a 50 day moving average of $111.30 and a 200-day moving average of $103.03. iShares U.S. Financials ETF has a 52 week low of $81.59 and a 52 week high of $119.90.

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.