1,849 Shares in iShares U.S. Financials ETF (NYSEARCA:IYF) Purchased by Legacy Capital Group California Inc.

Legacy Capital Group California Inc. bought a new stake in shares of iShares U.S. Financials ETF (NYSEARCA:IYF) during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor bought 1,849 shares of the company’s stock, valued at approximately $204,000.

Several other hedge funds also recently modified their holdings of IYF. Bogart Wealth LLC raised its stake 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 worth $43,000 after buying an additional 106 shares during the last quarter. Larson Financial Group LLC raised its position in shares of iShares U.S. Financials ETF by 5.5% during the 3rd quarter. Larson Financial Group LLC now owns 2,768 shares of the company’s stock valued at $288,000 after acquiring an additional 145 shares during the last quarter. Principal Securities Inc. lifted its stake in shares of iShares U.S. Financials ETF by 12.5% in the 4th quarter. Principal Securities Inc. now owns 1,366 shares of the company’s stock valued at $151,000 after purchasing an additional 152 shares during the period. Whitener Capital Management Inc. boosted its position in shares of iShares U.S. Financials ETF by 4.3% in the 4th quarter. Whitener Capital Management Inc. now owns 3,959 shares of the company’s stock worth $438,000 after purchasing an additional 164 shares during the last quarter. Finally, Choreo LLC boosted its position in shares of iShares U.S. Financials ETF by 8.4% in the 4th quarter. Choreo LLC now owns 2,576 shares of the company’s stock worth $285,000 after purchasing an additional 200 shares during the last quarter.

iShares U.S. Financials ETF Trading Down 1.6 %

NYSEARCA IYF opened at $115.44 on Friday. iShares U.S. Financials ETF has a 12 month low of $89.10 and a 12 month high of $119.90. The stock has a 50-day simple moving average of $114.54 and a 200 day simple moving average of $109.69. The company has a market capitalization of $3.20 billion, a PE ratio of 16.14 and a beta of 0.84.

iShares U.S. Financials ETF 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.