CX Institutional Has $2.57 Million Stock Position in iShares U.S. Financials ETF (NYSEARCA:IYF)

CX Institutional boosted its stake in shares of iShares U.S. Financials ETF (NYSEARCA:IYF) by 1.5% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 23,195 shares of the company’s stock after purchasing an additional 348 shares during the period. CX Institutional owned 0.08% of iShares U.S. Financials ETF worth $2,565,000 as of its most recent filing with the SEC.

A number of other hedge funds have also recently bought and sold shares of the stock. Ironwood Wealth Management LLC. increased its stake in shares of iShares U.S. Financials ETF by 4.9% during the 2nd quarter. Ironwood Wealth Management LLC. now owns 5,936 shares of the company’s stock worth $561,000 after purchasing an additional 279 shares during the last quarter. Envestnet Asset Management Inc. increased its position in iShares U.S. Financials ETF by 24.7% during the second quarter. Envestnet Asset Management Inc. now owns 96,524 shares of the company’s stock worth $9,128,000 after buying an additional 19,118 shares during the last quarter. Renaissance Technologies LLC bought a new stake in iShares U.S. Financials ETF in the second quarter valued at approximately $236,000. Daymark Wealth Partners LLC acquired a new stake in shares of iShares U.S. Financials ETF in the second quarter valued at approximately $202,000. Finally, The Manufacturers Life Insurance Company bought a new position in shares of iShares U.S. Financials ETF during the 2nd quarter worth approximately $56,608,000.

iShares U.S. Financials ETF Trading Up 0.3 %

IYF stock opened at $117.09 on Friday. The business’s 50 day simple moving average is $113.98 and its 200 day simple moving average is $107.06. iShares U.S. Financials ETF has a 1-year low of $85.37 and a 1-year high of $119.90. The firm has a market capitalization of $3.25 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.