Three Seasons Wealth LLC Purchases Shares of 69,315 iShares U.S. Financials ETF $IYF

Three Seasons Wealth LLC purchased a new position in iShares U.S. Financials ETF (NYSEARCA:IYF) in the third quarter, HoldingsChannel reports. The institutional investor purchased 69,315 shares of the company’s stock, valued at approximately $8,778,000. iShares U.S. Financials ETF makes up about 0.9% of Three Seasons Wealth LLC’s holdings, making the stock its 7th largest position.

Other institutional investors and hedge funds have also made changes to their positions in the company. Rise Advisors LLC increased its position in shares of iShares U.S. Financials ETF by 60.4% in the 2nd quarter. Rise Advisors LLC now owns 364 shares of the company’s stock valued at $44,000 after acquiring an additional 137 shares during the period. Newbridge Financial Services Group Inc. grew its stake in iShares U.S. Financials ETF by 39.2% during the 2nd quarter. Newbridge Financial Services Group Inc. now owns 465 shares of the company’s stock valued at $56,000 after purchasing an additional 131 shares during the last quarter. Assetmark Inc. acquired a new position in shares of iShares U.S. Financials ETF in the second quarter valued at about $63,000. Private Trust Co. NA raised its stake in shares of iShares U.S. Financials ETF by 106.7% in the second quarter. Private Trust Co. NA now owns 705 shares of the company’s stock worth $85,000 after purchasing an additional 364 shares during the last quarter. Finally, Atlantic Union Bankshares Corp purchased a new position in shares of iShares U.S. Financials ETF in the second quarter worth about $132,000.

iShares U.S. Financials ETF Stock Down 0.2%

Shares of NYSEARCA IYF opened at $130.85 on Monday. The business’s 50 day moving average price is $125.24 and its 200 day moving average price is $123.67. The firm has a market cap of $4.34 billion, a P/E ratio of 16.42 and a beta of 1.02. iShares U.S. Financials ETF has a 52 week low of $95.34 and a 52 week high of $131.56.

iShares U.S. Financials ETF 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.