SRS Capital Advisors Inc. Has $60,000 Stock Holdings in iShares U.S. Financials ETF (NYSEARCA:IYF)

SRS Capital Advisors Inc. raised its stake in iShares U.S. Financials ETF (NYSEARCA:IYF) by 82.3% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 547 shares of the company’s stock after purchasing an additional 247 shares during the period. SRS Capital Advisors Inc.’s holdings in iShares U.S. Financials ETF were worth $60,000 at the end of the most recent quarter.

Several other large investors also recently modified their holdings of IYF. Norden Group LLC increased its stake in shares of iShares U.S. Financials ETF by 0.6% during the fourth quarter. Norden Group LLC now owns 83,859 shares of the company’s stock worth $9,273,000 after purchasing an additional 528 shares during the period. Private Trust Co. NA grew its holdings in iShares U.S. Financials ETF by 50.5% in the 4th quarter. Private Trust Co. NA now owns 301 shares of the company’s stock valued at $33,000 after buying an additional 101 shares in the last quarter. Kovack Advisors Inc. increased its position in iShares U.S. Financials ETF by 4.7% during the 4th quarter. Kovack Advisors Inc. now owns 19,828 shares of the company’s stock worth $2,193,000 after buying an additional 897 shares during the period. Kellett Wealth Advisors LLC boosted its position in shares of iShares U.S. Financials ETF by 4.4% in the fourth quarter. Kellett Wealth Advisors LLC now owns 2,848 shares of the company’s stock valued at $315,000 after acquiring an additional 120 shares during the period. Finally, Bank of New York Mellon Corp grew its stake in shares of iShares U.S. Financials ETF by 33.4% in the fourth quarter. Bank of New York Mellon Corp now owns 12,492 shares of the company’s stock valued at $1,381,000 after acquiring an additional 3,129 shares in the last quarter.

iShares U.S. Financials ETF Stock Down 1.7 %

Shares of iShares U.S. Financials ETF stock opened at $112.13 on Friday. The stock has a market capitalization of $3.78 billion, a price-to-earnings ratio of 15.26 and a beta of 1.08. iShares U.S. Financials ETF has a twelve month low of $89.10 and a twelve month high of $119.90. The company has a 50-day simple moving average of $115.29 and a two-hundred day simple moving average of $110.95.

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.