Whitener Capital Management Inc. Grows Position in iShares U.S. Financials ETF (NYSEARCA:IYF)

Whitener Capital Management Inc. lifted its holdings in shares of iShares U.S. Financials ETF (NYSEARCA:IYF) by 4.3% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 3,959 shares of the company’s stock after purchasing an additional 164 shares during the quarter. Whitener Capital Management Inc.’s holdings in iShares U.S. Financials ETF were worth $438,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of IYF. Ironwood Wealth Management LLC. boosted its holdings in shares of iShares U.S. Financials ETF by 4.9% in the 2nd quarter. Ironwood Wealth Management LLC. now owns 5,936 shares of the company’s stock worth $561,000 after purchasing an additional 279 shares in the last quarter. Bank of New York Mellon Corp boosted its stake in iShares U.S. Financials ETF by 193.2% in the second quarter. Bank of New York Mellon Corp now owns 7,498 shares of the company’s stock worth $709,000 after buying an additional 4,941 shares in the last quarter. Choreo LLC bought a new position in iShares U.S. Financials ETF during the second quarter valued at approximately $224,000. Envestnet Asset Management Inc. raised its stake in shares of iShares U.S. Financials ETF by 24.7% during the second quarter. Envestnet Asset Management Inc. now owns 96,524 shares of the company’s stock worth $9,128,000 after acquiring an additional 19,118 shares in the last quarter. Finally, Renaissance Technologies LLC purchased a new stake in shares of iShares U.S. Financials ETF in the 2nd quarter valued at $236,000.

iShares U.S. Financials ETF Stock Performance

IYF stock opened at $115.80 on Friday. The firm has a market cap of $3.21 billion, a P/E ratio of 16.14 and a beta of 0.84. The firm’s fifty day moving average is $113.87 and its 200 day moving average is $106.48. iShares U.S. Financials ETF has a 52 week low of $83.28 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.