Financial Freedom LLC Buys 7,874 Shares of iShares U.S. Financials ETF $IYF

Financial Freedom LLC grew its stake in iShares U.S. Financials ETF (NYSEARCA:IYF) by 90.3% in the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 16,591 shares of the company’s stock after buying an additional 7,874 shares during the quarter. Financial Freedom LLC owned 0.06% of iShares U.S. Financials ETF worth $1,952,000 at the end of the most recent reporting period.

Several other large investors also recently made changes to their positions in the stock. Financial Life Planners acquired a new position in iShares U.S. Financials ETF in the 1st quarter worth $25,000. Ransom Advisory Ltd acquired a new stake in shares of iShares U.S. Financials ETF in the 4th quarter valued at about $26,000. Flagship Harbor Advisors LLC acquired a new stake in shares of iShares U.S. Financials ETF in the 4th quarter valued at about $26,000. Key Capital Management INC bought a new stake in shares of iShares U.S. Financials ETF in the fourth quarter valued at about $28,000. Finally, Hazlett Burt & Watson Inc. lifted its holdings in shares of iShares U.S. Financials ETF by 666.7% in the fourth quarter. Hazlett Burt & Watson Inc. now owns 230 shares of the company’s stock valued at $30,000 after purchasing an additional 200 shares in the last quarter.

iShares U.S. Financials ETF Stock Performance

NYSEARCA:IYF opened at $132.50 on Friday. The company has a market cap of $4.06 billion, a PE ratio of 16.42 and a beta of 0.90. iShares U.S. Financials ETF has a 52-week low of $113.62 and a 52-week high of $134.72. The stock has a 50-day simple moving average of $125.82 and a 200 day simple moving average of $124.93.

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