Wealth Enhancement Advisory Services LLC Has $1.03 Million Stock Position in iShares U.S. Financials ETF (NYSEARCA:IYF)

Wealth Enhancement Advisory Services LLC lessened its holdings in shares of iShares U.S. Financials ETF (NYSEARCA:IYF) by 2.0% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 9,914 shares of the company’s stock after selling 201 shares during the quarter. Wealth Enhancement Advisory Services LLC’s holdings in iShares U.S. Financials ETF were worth $1,030,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in IYF. The Manufacturers Life Insurance Company increased its holdings in shares of iShares U.S. Financials ETF by 28.5% in the third quarter. The Manufacturers Life Insurance Company now owns 769,351 shares of the company’s stock worth $79,936,000 after acquiring an additional 170,769 shares in the last quarter. Bank of Montreal Can increased its stake in iShares U.S. Financials ETF by 705.1% during the 3rd quarter. Bank of Montreal Can now owns 431,608 shares of the company’s stock worth $44,658,000 after purchasing an additional 377,999 shares in the last quarter. Magnus Financial Group LLC raised its holdings in iShares U.S. Financials ETF by 2.6% during the 3rd quarter. Magnus Financial Group LLC now owns 188,646 shares of the company’s stock worth $19,600,000 after buying an additional 4,826 shares during the period. Cetera Investment Advisers raised its holdings in iShares U.S. Financials ETF by 1.2% during the 2nd quarter. Cetera Investment Advisers now owns 125,852 shares of the company’s stock worth $11,902,000 after buying an additional 1,470 shares during the period. Finally, Apollon Wealth Management LLC lifted its stake in iShares U.S. Financials ETF by 1,161.0% in the third quarter. Apollon Wealth Management LLC now owns 124,235 shares of the company’s stock valued at $12,908,000 after buying an additional 114,383 shares in the last quarter.

iShares U.S. Financials ETF Stock Up 2.6 %

iShares U.S. Financials ETF stock opened at $113.84 on Thursday. iShares U.S. Financials ETF has a twelve month low of $83.28 and a twelve month high of $119.90. The company has a 50 day moving average of $113.79 and a 200-day moving average of $106.22. The stock has a market capitalization of $3.16 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.