Advisortrust Partners LLC Makes New $11.47 Million Investment in iShares U.S. Financials ETF $IYF

Advisortrust Partners LLC bought a new position in iShares U.S. Financials ETF (NYSEARCA:IYF) in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor bought 88,935 shares of the company’s stock, valued at approximately $11,466,000. iShares U.S. Financials ETF makes up approximately 5.0% of Advisortrust Partners LLC’s portfolio, making the stock its 4th largest holding.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Northwestern Mutual Wealth Management Co. raised its holdings in iShares U.S. Financials ETF by 488.4% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 3,913,622 shares of the company’s stock worth $504,583,000 after purchasing an additional 3,248,510 shares in the last quarter. Dynasty Wealth Management LLC grew its position in shares of iShares U.S. Financials ETF by 545.2% in the 4th quarter. Dynasty Wealth Management LLC now owns 1,762,552 shares of the company’s stock worth $227,246,000 after buying an additional 1,489,376 shares during the period. Hsbc Holdings PLC purchased a new position in iShares U.S. Financials ETF during the 4th quarter valued at about $103,827,000. JPMorgan Chase & Co. boosted its stake in iShares U.S. Financials ETF by 184.1% during the fourth quarter. JPMorgan Chase & Co. now owns 1,053,341 shares of the company’s stock worth $135,807,000 after acquiring an additional 682,543 shares in the last quarter. Finally, Bank of Montreal Can boosted its stake in iShares U.S. Financials ETF by 1,275.8% during the third quarter. Bank of Montreal Can now owns 699,898 shares of the company’s stock worth $88,635,000 after acquiring an additional 649,026 shares in the last quarter.

iShares U.S. Financials ETF Stock Performance

Shares of IYF opened at $127.61 on Friday. The firm’s 50-day simple moving average is $124.15 and its two-hundred day simple moving average is $124.71. iShares U.S. Financials ETF has a fifty-two week low of $113.62 and a fifty-two week high of $133.54. The stock has a market cap of $3.50 billion, a PE ratio of 16.42 and a beta of 0.91.

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