Sargent Investment Group LLC Buys Shares of 5,130 iShares U.S. Financials ETF $IYF

Sargent Investment Group LLC bought a new stake in shares of iShares U.S. Financials ETF (NYSEARCA:IYF) in the 4th quarter, according to its most recent 13F filing with the SEC. The firm bought 5,130 shares of the company’s stock, valued at approximately $661,000.

Other hedge funds have also recently added to or reduced their stakes in the company. MML Investors Services LLC boosted its stake in shares of iShares U.S. Financials ETF by 6.1% during the 4th quarter. MML Investors Services LLC now owns 16,742 shares of the company’s stock worth $2,159,000 after purchasing an additional 957 shares during the last quarter. Focus Partners Wealth boosted its stake in shares of iShares U.S. Financials ETF by 1,018.4% during the 4th quarter. Focus Partners Wealth now owns 29,536 shares of the company’s stock worth $3,808,000 after purchasing an additional 26,895 shares during the last quarter. Arax Advisory Partners acquired a new stake in shares of iShares U.S. Financials ETF during the 4th quarter worth about $96,000. Barclays PLC acquired a new stake in shares of iShares U.S. Financials ETF during the 4th quarter worth about $395,000. Finally, Biondo Investment Advisors LLC boosted its stake in shares of iShares U.S. Financials ETF by 2.0% during the 4th quarter. Biondo Investment Advisors LLC now owns 8,363 shares of the company’s stock worth $1,078,000 after purchasing an additional 163 shares during the last quarter.

iShares U.S. Financials ETF Price Performance

iShares U.S. Financials ETF stock opened at $128.00 on Tuesday. iShares U.S. Financials ETF has a 12-month low of $113.62 and a 12-month high of $133.54. The stock has a market capitalization of $3.51 billion, a P/E ratio of 16.42 and a beta of 0.91. The firm’s 50-day moving average is $123.46 and its two-hundred day moving average is $124.61.

iShares U.S. Financials ETF Company 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.