Apeiron RIA LLC increased its position in shares of iShares U.S. Financials ETF (NYSEARCA:IYF – Free Report) by 38.9% in the 4th quarter, HoldingsChannel reports. The firm owned 13,708 shares of the company’s stock after acquiring an additional 3,839 shares during the quarter. Apeiron RIA LLC’s holdings in iShares U.S. Financials ETF were worth $1,516,000 at the end of the most recent reporting period.
Several other institutional investors have also added to or reduced their stakes in IYF. Ironwood Wealth Management LLC. grew its position in iShares U.S. Financials ETF by 4.9% during the 2nd quarter. Ironwood Wealth Management LLC. now owns 5,936 shares of the company’s stock worth $561,000 after acquiring an additional 279 shares during the last quarter. Envestnet Asset Management Inc. grew its holdings in 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 buying an additional 19,118 shares in the last quarter. Renaissance Technologies LLC bought a new stake in shares of iShares U.S. Financials ETF in the 2nd quarter worth $236,000. Thrivent Financial for Lutherans grew its position in iShares U.S. Financials ETF by 1.9% in the 2nd quarter. Thrivent Financial for Lutherans now owns 108,016 shares of the company’s stock worth $10,215,000 after purchasing an additional 1,988 shares in the last quarter. Finally, Daymark Wealth Partners LLC purchased a new stake in shares of iShares U.S. Financials ETF during the second quarter valued at approximately $202,000.
iShares U.S. Financials ETF Stock Up 0.4 %
IYF opened at $116.76 on Friday. The company’s 50-day moving average price is $113.94 and its two-hundred day moving average price is $107.00. iShares U.S. Financials ETF has a twelve month low of $85.37 and a twelve month high of $119.90. The stock has a market cap of $3.24 billion, a price-to-earnings ratio of 16.14 and a beta of 0.84.
iShares U.S. Financials ETF Company 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.
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