Park Avenue Securities LLC Boosts Holdings in iShares U.S. Financials ETF (NYSEARCA:IYF)

Park Avenue Securities LLC grew its position in shares of iShares U.S. Financials ETF (NYSEARCA:IYF) by 36.4% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 3,048 shares of the company’s stock after buying an additional 813 shares during the quarter. Park Avenue Securities LLC’s holdings in iShares U.S. Financials ETF were worth $337,000 as of its most recent filing with the SEC.

A number of other large investors also recently bought and sold shares of the company. The Manufacturers Life Insurance Company raised its position in 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 holdings in shares of iShares U.S. Financials ETF by 705.1% in the 3rd quarter. Bank of Montreal Can now owns 431,608 shares of the company’s stock valued at $44,658,000 after purchasing an additional 377,999 shares in the last quarter. Magnus Financial Group LLC increased its holdings in shares of iShares U.S. Financials ETF by 2.6% in the 3rd quarter. Magnus Financial Group LLC now owns 188,646 shares of the company’s stock valued at $19,600,000 after purchasing an additional 4,826 shares in the last quarter. Cetera Investment Advisers lifted its stake in shares of iShares U.S. Financials ETF by 1.2% in the second quarter. Cetera Investment Advisers now owns 125,852 shares of the company’s stock valued at $11,902,000 after purchasing an additional 1,470 shares during the period. Finally, Apollon Wealth Management LLC boosted its holdings in iShares U.S. Financials ETF by 1,161.0% during the third quarter. Apollon Wealth Management LLC now owns 124,235 shares of the company’s stock worth $12,908,000 after buying an additional 114,383 shares in the last quarter.

iShares U.S. Financials ETF Trading Up 0.3 %

Shares of iShares U.S. Financials ETF stock opened at $117.09 on Friday. The company has a 50-day moving average of $113.98 and a two-hundred day moving average of $107.06. iShares U.S. Financials ETF has a 12-month low of $85.37 and a 12-month high of $119.90. The stock has a market cap of $3.25 billion, a PE ratio of 16.14 and a beta of 0.84.

About iShares U.S. Financials ETF

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.