Global Trust Asset Management LLC Purchases 150 Shares of iShares U.S. Financials ETF (NYSEARCA:IYF)

Global Trust Asset Management LLC lifted its stake in shares of iShares U.S. Financials ETF (NYSEARCA:IYF) by 81.1% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 335 shares of the company’s stock after purchasing an additional 150 shares during the quarter. Global Trust Asset Management LLC’s holdings in iShares U.S. Financials ETF were worth $32,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently made changes to their positions in the stock. Citigroup Inc. boosted its position in iShares U.S. Financials ETF by 9.9% during the 3rd quarter. Citigroup Inc. now owns 12,696 shares of the company’s stock worth $949,000 after buying an additional 1,140 shares during the period. LPL Financial LLC lifted its position in shares of iShares U.S. Financials ETF by 5.0% in the 3rd quarter. LPL Financial LLC now owns 381,231 shares of the company’s stock worth $28,501,000 after purchasing an additional 18,030 shares during the period. Mariner LLC lifted its position in shares of iShares U.S. Financials ETF by 40.0% during the 3rd quarter. Mariner LLC now owns 19,456 shares of the company’s stock valued at $1,454,000 after acquiring an additional 5,557 shares during the period. PGIM Custom Harvest LLC lifted its position in shares of iShares U.S. Financials ETF by 48.5% during the 3rd quarter. PGIM Custom Harvest LLC now owns 250,304 shares of the company’s stock valued at $18,713,000 after acquiring an additional 81,729 shares during the period. Finally, Synovus Financial Corp lifted its position in shares of iShares U.S. Financials ETF by 1.1% during the 3rd quarter. Synovus Financial Corp now owns 37,343 shares of the company’s stock valued at $2,793,000 after acquiring an additional 392 shares during the period.

iShares U.S. Financials ETF Stock Up 1.1 %

iShares U.S. Financials ETF stock opened at $95.01 on Tuesday. iShares U.S. Financials ETF has a 12-month low of $70.45 and a 12-month high of $96.85. The firm’s fifty day moving average is $93.71 and its 200 day moving average is $90.49. The company has a market capitalization of $2.64 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.