International Assets Investment Management LLC Grows Stock Position in iShares U.S. Financials ETF (NYSEARCA:IYF)

International Assets Investment Management LLC raised its stake in shares of iShares U.S. Financials ETF (NYSEARCA:IYF) by 10,290.9% in the third quarter, according to its most recent 13F filing with the SEC. The fund owned 100,584 shares of the company’s stock after buying an additional 99,616 shares during the period. International Assets Investment Management LLC owned about 0.36% of iShares U.S. Financials ETF worth $10,451,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of IYF. Somerset Group LLC increased its stake in shares of iShares U.S. Financials ETF by 0.5% in the 2nd quarter. Somerset Group LLC now owns 22,995 shares of the company’s stock valued at $2,175,000 after purchasing an additional 114 shares in the last quarter. Larson Financial Group LLC increased its stake in iShares U.S. Financials ETF by 5.0% during the 2nd quarter. Larson Financial Group LLC now owns 2,623 shares of the company’s stock worth $248,000 after buying an additional 124 shares in the last quarter. Concourse Financial Group Securities Inc. increased its stake in iShares U.S. Financials ETF by 26.5% during the 3rd quarter. Concourse Financial Group Securities Inc. now owns 879 shares of the company’s stock worth $91,000 after buying an additional 184 shares in the last quarter. HCR Wealth Advisors increased its stake in iShares U.S. Financials ETF by 5.0% during the 3rd quarter. HCR Wealth Advisors now owns 4,124 shares of the company’s stock worth $429,000 after buying an additional 195 shares in the last quarter. Finally, GPS Wealth Strategies Group LLC increased its stake in iShares U.S. Financials ETF by 436.0% during the 2nd quarter. GPS Wealth Strategies Group LLC now owns 268 shares of the company’s stock worth $25,000 after buying an additional 218 shares in the last quarter.

iShares U.S. Financials ETF Trading Up 0.2 %

NYSEARCA:IYF opened at $108.41 on Thursday. iShares U.S. Financials ETF has a 12 month low of $71.79 and a 12 month high of $110.10. The stock has a 50 day moving average of $104.64 and a two-hundred day moving average of $98.74. The firm has a market cap of $3.01 billion, a P/E 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.