Wealthstar Advisors LLC Acquires Shares of 19,515 iShares U.S. Financials ETF (NYSEARCA:IYF)

Wealthstar Advisors LLC bought a new position in iShares U.S. Financials ETF (NYSEARCA:IYF) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 19,515 shares of the company’s stock, valued at approximately $2,158,000. iShares U.S. Financials ETF comprises about 0.9% of Wealthstar Advisors LLC’s investment portfolio, making the stock its 19th biggest position. Wealthstar Advisors LLC owned approximately 0.07% of iShares U.S. Financials ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds also recently bought and sold shares of the business. Newbridge Financial Services Group Inc. purchased a new position in shares of iShares U.S. Financials ETF during the fourth quarter valued at about $37,000. Financial Life Planners bought a new position in shares of iShares U.S. Financials ETF in the 4th quarter worth approximately $42,000. Capital Performance Advisors LLP bought a new position in shares of iShares U.S. Financials ETF in the 3rd quarter worth approximately $41,000. Bogart Wealth LLC boosted its position in shares of iShares U.S. Financials ETF by 34.2% during the third quarter. Bogart Wealth LLC now owns 416 shares of the company’s stock valued at $43,000 after purchasing an additional 106 shares in the last quarter. Finally, Anchor Investment Management LLC grew its stake in iShares U.S. Financials ETF by 320.0% in the third 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.

iShares U.S. Financials ETF Trading Down 0.4 %

IYF opened at $118.67 on Monday. iShares U.S. Financials ETF has a 12-month low of $86.24 and a 12-month high of $119.90. The company has a market cap of $3.29 billion, a price-to-earnings ratio of 16.14 and a beta of 0.84. The stock has a fifty day simple moving average of $114.15 and a two-hundred day simple moving average of $108.61.

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.