Money Concepts Capital Corp Acquires 12,259 Shares of iShares U.S. Financials ETF $IYF

Money Concepts Capital Corp lifted its holdings in iShares U.S. Financials ETF (NYSEARCA:IYF) by 414.2% in the 3rd quarter, according to its most recent filing with the SEC. The firm owned 15,219 shares of the company’s stock after purchasing an additional 12,259 shares during the period. Money Concepts Capital Corp’s holdings in iShares U.S. Financials ETF were worth $1,927,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of IYF. Davis Capital Management bought a new position in shares of iShares U.S. Financials ETF in the 3rd quarter worth $35,000. Newbridge Financial Services Group Inc. boosted its stake in iShares U.S. Financials ETF by 39.2% in the second quarter. Newbridge Financial Services Group Inc. now owns 465 shares of the company’s stock valued at $56,000 after acquiring an additional 131 shares in the last quarter. Assetmark Inc. purchased a new stake in shares of iShares U.S. Financials ETF during the 2nd quarter valued at $63,000. Root Financial Partners LLC acquired a new stake in shares of iShares U.S. Financials ETF in the 3rd quarter worth $63,000. Finally, Private Trust Co. NA grew its stake in iShares U.S. Financials ETF by 106.7% during the 2nd quarter. Private Trust Co. NA now owns 705 shares of the company’s stock worth $85,000 after buying an additional 364 shares during the last quarter.

iShares U.S. Financials ETF Stock Performance

iShares U.S. Financials ETF stock opened at $128.57 on Tuesday. The stock has a 50-day moving average of $128.58 and a two-hundred day moving average of $125.48. iShares U.S. Financials ETF has a one year low of $95.34 and a one year high of $133.54. The stock has a market cap of $4.25 billion, a PE ratio of 16.42 and a beta of 1.02.

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.