Schroder Investment Management Group Raises Stock Position in iShares U.S. Financials ETF (NYSEARCA:IYF)

Schroder Investment Management Group boosted its stake in shares of iShares U.S. Financials ETF (NYSEARCA:IYF) by 326.7% in the fourth quarter, according to its most recent disclosure with the SEC. The firm owned 1,118,327 shares of the company’s stock after acquiring an additional 856,252 shares during the period. Schroder Investment Management Group owned about 4.03% of iShares U.S. Financials ETF worth $123,653,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the stock. Private Trust Co. NA increased its position in shares of iShares U.S. Financials ETF by 50.5% during the fourth quarter. Private Trust Co. NA now owns 301 shares of the company’s stock worth $33,000 after purchasing an additional 101 shares in the last quarter. Kellett Wealth Advisors LLC grew its holdings in shares of iShares U.S. Financials ETF by 4.4% during the fourth quarter. Kellett Wealth Advisors LLC now owns 2,848 shares of the company’s stock worth $315,000 after buying an additional 120 shares in the last quarter. Principal Securities Inc. grew its holdings in shares of iShares U.S. Financials ETF by 12.5% during the fourth quarter. Principal Securities Inc. now owns 1,366 shares of the company’s stock worth $151,000 after buying an additional 152 shares in the last quarter. WESPAC Advisors LLC raised its position in shares of iShares U.S. Financials ETF by 1.5% in the fourth quarter. WESPAC Advisors LLC now owns 10,621 shares of the company’s stock valued at $1,174,000 after buying an additional 156 shares during the last quarter. Finally, Whitener Capital Management Inc. lifted its stake in shares of iShares U.S. Financials ETF by 4.3% in the fourth quarter. Whitener Capital Management Inc. now owns 3,959 shares of the company’s stock worth $438,000 after buying an additional 164 shares in the last quarter.

iShares U.S. Financials ETF Trading Down 1.8 %

Shares of NYSEARCA IYF opened at $111.69 on Monday. The stock has a market cap of $3.62 billion, a PE ratio of 15.00 and a beta of 1.08. iShares U.S. Financials ETF has a 12-month low of $89.10 and a 12-month high of $119.90. The company has a 50-day moving average of $115.30 and a 200 day moving average of $112.08.

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.