Janney Montgomery Scott LLC Purchases 7,441 Shares of iShares U.S. Financials ETF (NYSEARCA:IYF)

Janney Montgomery Scott LLC lifted its position in shares of iShares U.S. Financials ETF (NYSEARCA:IYF) by 16.2% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 53,268 shares of the company’s stock after purchasing an additional 7,441 shares during the quarter. Janney Montgomery Scott LLC owned 0.19% of iShares U.S. Financials ETF worth $5,890,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Capital Performance Advisors LLP acquired a new stake in shares of iShares U.S. Financials ETF in the 3rd quarter valued at approximately $41,000. Bogart Wealth LLC raised its position in iShares U.S. Financials ETF by 34.2% during the third quarter. Bogart Wealth LLC now owns 416 shares of the company’s stock worth $43,000 after acquiring an additional 106 shares in the last quarter. Anchor Investment Management LLC lifted its stake in iShares U.S. Financials ETF by 320.0% in the third quarter. Anchor Investment Management LLC now owns 693 shares of the company’s stock valued at $72,000 after acquiring an additional 528 shares during the last quarter. Concourse Financial Group Securities Inc. grew its position in shares of iShares U.S. Financials ETF by 26.5% in the 3rd quarter. Concourse Financial Group Securities Inc. now owns 879 shares of the company’s stock valued at $91,000 after acquiring an additional 184 shares during the period. Finally, Christopher J. Hasenberg Inc acquired a new position in shares of iShares U.S. Financials ETF during the 4th quarter worth about $130,000.

iShares U.S. Financials ETF Trading Down 0.0 %

IYF opened at $117.96 on Wednesday. The stock’s fifty day simple moving average is $114.06 and its 200 day simple moving average is $107.51. iShares U.S. Financials ETF has a 1-year low of $85.37 and a 1-year high of $119.90. The stock has a market cap of $3.27 billion, a PE ratio of 16.14 and a beta of 0.84.

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.