iShares U.S. Financials ETF $IYF Position Boosted by Lido Advisors LLC

Lido Advisors LLC grew its holdings in shares of iShares U.S. Financials ETF (NYSEARCA:IYF) by 65.2% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 10,498 shares of the company’s stock after purchasing an additional 4,142 shares during the period. Lido Advisors LLC’s holdings in iShares U.S. Financials ETF were worth $1,339,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors also recently made changes to their positions in the company. Ransom Advisory Ltd bought a new position in shares of iShares U.S. Financials ETF during the 4th quarter valued at about $26,000. Flagship Harbor Advisors LLC acquired a new position in shares of iShares U.S. Financials ETF in the fourth quarter worth about $26,000. Financial Life Planners acquired a new position in shares of iShares U.S. Financials ETF in the third quarter worth about $27,000. Key Capital Management INC acquired a new position in shares of iShares U.S. Financials ETF in the fourth quarter worth about $28,000. Finally, Hazlett Burt & Watson Inc. boosted its holdings in shares of iShares U.S. Financials ETF by 666.7% in the fourth quarter. Hazlett Burt & Watson Inc. now owns 230 shares of the company’s stock worth $30,000 after buying an additional 200 shares during the period.

iShares U.S. Financials ETF Price Performance

Shares of IYF opened at $125.41 on Wednesday. iShares U.S. Financials ETF has a one year low of $113.62 and a one year high of $133.54. The company has a 50-day moving average of $122.70 and a two-hundred day moving average of $124.48. The stock has a market cap of $3.44 billion, a price-to-earnings ratio of 16.42 and a beta of 0.91.

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. The Company invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.