Advisortrust Partners LLC Makes New Investment in iShares U.S. Financials ETF $IYF

Advisortrust Partners LLC acquired a new stake in iShares U.S. Financials ETF (NYSEARCA:IYF) during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 88,935 shares of the company’s stock, valued at approximately $11,466,000. iShares U.S. Financials ETF accounts for approximately 5.0% of Advisortrust Partners LLC’s portfolio, making the stock its 4th biggest holding. Advisortrust Partners LLC owned approximately 0.27% of iShares U.S. Financials ETF at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Hsbc Holdings PLC bought a new position in iShares U.S. Financials ETF during the 4th quarter valued at approximately $103,827,000. Reflection Asset Management bought a new stake in shares of iShares U.S. Financials ETF in the 4th quarter worth approximately $105,000. Strategic Investment Solutions Inc. IL purchased a new position in shares of iShares U.S. Financials ETF during the fourth quarter valued at approximately $313,000. Sunbelt Securities Inc. increased its stake in shares of iShares U.S. Financials ETF by 3.8% during the fourth quarter. Sunbelt Securities Inc. now owns 6,400 shares of the company’s stock valued at $825,000 after buying an additional 234 shares during the period. Finally, Jacobs Equity LLC bought a new position in shares of iShares U.S. Financials ETF during the fourth quarter valued at approximately $447,000.

iShares U.S. Financials ETF Price Performance

Shares of IYF stock opened at $127.61 on Friday. The firm has a market capitalization of $3.50 billion, a price-to-earnings ratio of 16.42 and a beta of 0.91. The stock has a fifty day moving average of $124.15 and a 200 day moving average of $124.71. iShares U.S. Financials ETF has a 52 week low of $113.62 and a 52 week high of $133.54.

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