Moloney Securities Asset Management LLC Has $9.30 Million Position in iShares U.S. Financials ETF $IYF

Moloney Securities Asset Management LLC raised its position in iShares U.S. Financials ETF (NYSEARCA:IYF) by 1,708.1% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 73,446 shares of the company’s stock after purchasing an additional 69,384 shares during the quarter. iShares U.S. Financials ETF accounts for about 1.1% of Moloney Securities Asset Management LLC’s holdings, making the stock its 15th biggest holding. Moloney Securities Asset Management LLC owned about 0.22% of iShares U.S. Financials ETF worth $9,301,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently made changes to their positions in IYF. AQR Capital Management LLC bought a new position in iShares U.S. Financials ETF in the 1st quarter valued at approximately $426,000. Integrated Wealth Concepts LLC grew its holdings in iShares U.S. Financials ETF by 45.7% during the 1st quarter. Integrated Wealth Concepts LLC now owns 4,282 shares of the company’s stock worth $483,000 after acquiring an additional 1,343 shares during the last quarter. Jane Street Group LLC acquired a new position in iShares U.S. Financials ETF in the 1st quarter valued at approximately $247,000. Focus Partners Wealth raised its stake in shares of iShares U.S. Financials ETF by 8.6% during the first quarter. Focus Partners Wealth now owns 2,093 shares of the company’s stock valued at $236,000 after acquiring an additional 165 shares during the last quarter. Finally, Valmark Advisers Inc. raised its stake in shares of iShares U.S. Financials ETF by 17.6% during the second quarter. Valmark Advisers Inc. now owns 8,056 shares of the company’s stock valued at $975,000 after acquiring an additional 1,203 shares during the last quarter.

iShares U.S. Financials ETF Stock Up 2.1%

Shares of iShares U.S. Financials ETF stock opened at $129.64 on Friday. The stock has a market cap of $4.28 billion, a price-to-earnings ratio of 16.42 and a beta of 1.02. iShares U.S. Financials ETF has a twelve month low of $95.34 and a twelve month high of $133.54. The company’s fifty day moving average is $128.84 and its 200 day moving average is $125.60.

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.