Trademark Financial Management LLC Buys 860 Shares of iShares U.S. Financials ETF (NYSEARCA:IYF)

Trademark Financial Management LLC grew its stake in iShares U.S. Financials ETF (NYSEARCA:IYF) by 17.0% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 5,925 shares of the company’s stock after acquiring an additional 860 shares during the quarter. Trademark Financial Management LLC’s holdings in iShares U.S. Financials ETF were worth $655,000 at the end of the most recent quarter.

Other institutional investors have also recently modified their holdings of the company. Concourse Financial Group Securities Inc. raised its stake in shares of iShares U.S. Financials ETF by 26.5% in the third quarter. Concourse Financial Group Securities Inc. now owns 879 shares of the company’s stock worth $91,000 after purchasing an additional 184 shares during the last quarter. Stratos Investment Management LLC increased its holdings in iShares U.S. Financials ETF by 67.2% in the 3rd quarter. Stratos Investment Management LLC now owns 5,269 shares of the company’s stock worth $547,000 after buying an additional 2,118 shares in the last quarter. Raymond James & Associates increased its holdings in iShares U.S. Financials ETF by 3.5% in the 3rd quarter. Raymond James & Associates now owns 100,471 shares of the company’s stock worth $10,439,000 after buying an additional 3,399 shares in the last quarter. Private Advisor Group LLC raised its position in iShares U.S. Financials ETF by 66.9% in the 3rd quarter. Private Advisor Group LLC now owns 37,370 shares of the company’s stock worth $3,883,000 after buying an additional 14,983 shares during the last quarter. Finally, Saxony Capital Management LLC bought a new position in iShares U.S. Financials ETF during the 3rd quarter valued at about $204,000.

iShares U.S. Financials ETF Stock Up 0.1 %

Shares of IYF stock opened at $118.50 on Friday. The company has a 50 day moving average price of $114.20 and a 200-day moving average price of $109.04. iShares U.S. Financials ETF has a 52 week low of $88.19 and a 52 week high of $119.90. The firm has a market capitalization of $3.29 billion, a PE ratio of 16.14 and a beta of 0.84.

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.