Cyndeo Wealth Partners LLC Has $2.25 Million Stock Position in iShares U.S. Financials ETF $IYF

Cyndeo Wealth Partners LLC boosted its position in iShares U.S. Financials ETF (NYSEARCA:IYF) by 149.5% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 17,451 shares of the company’s stock after acquiring an additional 10,456 shares during the quarter. Cyndeo Wealth Partners LLC’s holdings in iShares U.S. Financials ETF were worth $2,250,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also recently bought and sold shares of IYF. Bank of Montreal Can lifted its position in iShares U.S. Financials ETF by 1,275.8% during the 3rd quarter. Bank of Montreal Can now owns 699,898 shares of the company’s stock worth $88,635,000 after acquiring an additional 649,026 shares during the last quarter. Sagespring Wealth Partners LLC grew its position in shares of iShares U.S. Financials ETF by 247.2% in the fourth quarter. Sagespring Wealth Partners LLC now owns 826,819 shares of the company’s stock valued at $106,602,000 after purchasing an additional 588,659 shares during the last quarter. Pinkerton Wealth LLC bought a new position in shares of iShares U.S. Financials ETF in the second quarter worth about $34,244,000. Dynasty Wealth Management LLC acquired a new position in shares of iShares U.S. Financials ETF during the 3rd quarter worth about $34,595,000. Finally, JPMorgan Chase & Co. lifted its position in shares of iShares U.S. Financials ETF by 287.9% during the 2nd quarter. JPMorgan Chase & Co. now owns 343,215 shares of the company’s stock worth $41,526,000 after purchasing an additional 254,742 shares during the last quarter.

iShares U.S. Financials ETF Stock Down 0.1%

Shares of NYSEARCA:IYF opened at $116.24 on Monday. The company has a market cap of $3.84 billion, a price-to-earnings ratio of 16.42 and a beta of 1.02. The business has a 50 day moving average price of $124.38 and a 200 day moving average price of $125.32. iShares U.S. Financials ETF has a twelve month low of $95.34 and a twelve month high of $133.54.

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. The Company invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.