Koshinski Asset Management Inc. boosted its stake in shares of iShares U.S. Financials ETF (NYSEARCA:IYF – Free Report) by 9.1% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 17,042 shares of the company’s stock after purchasing an additional 1,417 shares during the quarter. Koshinski Asset Management Inc. owned approximately 0.06% of iShares U.S. Financials ETF worth $1,885,000 at the end of the most recent reporting period.
A number of other institutional investors have also recently added to or reduced their stakes in the stock. Atria Investments Inc boosted its holdings in shares of iShares U.S. Financials ETF by 3.7% during the third quarter. Atria Investments Inc now owns 7,288 shares of the company’s stock valued at $757,000 after acquiring an additional 261 shares during the period. Ironwood Wealth Management LLC. boosted its holdings in shares of iShares U.S. Financials ETF by 4.9% in the second quarter. Ironwood Wealth Management LLC. now owns 5,936 shares of the company’s stock valued at $561,000 after acquiring an additional 279 shares in the last quarter. Retirement Planning Group LLC increased its stake in shares of iShares U.S. Financials ETF by 13.3% during the third quarter. Retirement Planning Group LLC now owns 2,961 shares of the company’s stock valued at $308,000 after acquiring an additional 348 shares during the period. The Manufacturers Life Insurance Company bought a new stake in iShares U.S. Financials ETF during the second quarter worth approximately $56,608,000. Finally, International Assets Investment Management LLC lifted its position in iShares U.S. Financials ETF by 10,290.9% in the third quarter. International Assets Investment Management LLC now owns 100,584 shares of the company’s stock worth $10,451,000 after purchasing an additional 99,616 shares during the period.
iShares U.S. Financials ETF Stock Performance
Shares of IYF stock opened at $115.80 on Tuesday. iShares U.S. Financials ETF has a 1 year low of $83.28 and a 1 year high of $119.90. The business’s fifty day moving average is $113.87 and its 200-day moving average is $106.63. The stock has a market cap of $3.21 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.
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