4,462 Shares of iShares U.S. Financials ETF $IYF Bought by Commonwealth Financial Services LLC

Commonwealth Financial Services LLC bought a new stake in iShares U.S. Financials ETF (NYSEARCA:IYF) during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 4,462 shares of the company’s stock, valued at approximately $561,000.

A number of other hedge funds have also recently bought and sold shares of the stock. The Manufacturers Life Insurance Company bought a new position in shares of iShares U.S. Financials ETF in the second quarter valued at $129,579,000. Hsbc Holdings PLC acquired a new stake in iShares U.S. Financials ETF in the fourth quarter valued at $103,827,000. Royal Bank of Canada lifted its stake in iShares U.S. Financials ETF by 3.1% in the first quarter. Royal Bank of Canada now owns 297,765 shares of the company’s stock valued at $35,036,000 after acquiring an additional 8,823 shares during the last quarter. XML Financial LLC grew its position in shares of iShares U.S. Financials ETF by 0.9% in the 1st quarter. XML Financial LLC now owns 113,726 shares of the company’s stock valued at $13,381,000 after acquiring an additional 1,054 shares during the period. Finally, Sanctuary Advisors LLC grew its position in shares of iShares U.S. Financials ETF by 14.0% in the 1st quarter. Sanctuary Advisors LLC now owns 110,053 shares of the company’s stock valued at $12,949,000 after acquiring an additional 13,557 shares during the period.

iShares U.S. Financials ETF Trading Up 1.1%

Shares of iShares U.S. Financials ETF stock traded up $1.44 during trading on Tuesday, hitting $129.28. 50,649 shares of the stock were exchanged, compared to its average volume of 374,415. The stock has a market capitalization of $3.79 billion, a price-to-earnings ratio of 16.42 and a beta of 0.91. The company has a fifty day moving average price of $132.69 and a 200-day moving average price of $129.19. iShares U.S. Financials ETF has a 1-year low of $113.62 and a 1-year high of $139.09.

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.