Independent Financial Group LLC Acquires New Holdings in iShares U.S. Financials ETF $IYF

Independent Financial Group LLC bought a new stake in iShares U.S. Financials ETF (NYSEARCA:IYF) during the 1st quarter, Holdings Channel.com reports. The fund bought 5,541 shares of the company’s stock, valued at approximately $652,000.

Other large investors have also added to or reduced their stakes in the company. Rockefeller Capital Management L.P. lifted its position in shares of iShares U.S. Financials ETF by 0.3% during the fourth quarter. Rockefeller Capital Management L.P. now owns 26,926 shares of the company’s stock valued at $3,472,000 after buying an additional 86 shares during the last quarter. SeaCrest Wealth Management LLC raised its stake in shares of iShares U.S. Financials ETF by 3.9% during the 3rd quarter. SeaCrest Wealth Management LLC now owns 2,399 shares of the company’s stock worth $300,000 after acquiring an additional 90 shares in the last quarter. Root Financial Partners LLC raised its stake in shares of iShares U.S. Financials ETF by 19.4% during the 4th quarter. Root Financial Partners LLC now owns 597 shares of the company’s stock worth $77,000 after acquiring an additional 97 shares in the last quarter. Vivaldi Capital Management LP lifted its position in iShares U.S. Financials ETF by 3.6% during the second quarter. Vivaldi Capital Management LP now owns 2,769 shares of the company’s stock valued at $335,000 after acquiring an additional 97 shares during the last quarter. Finally, Captrust Financial Advisors lifted its position in iShares U.S. Financials ETF by 0.8% during the fourth quarter. Captrust Financial Advisors now owns 13,665 shares of the company’s stock valued at $1,762,000 after acquiring an additional 103 shares during the last quarter.

iShares U.S. Financials ETF Stock Up 0.0%

Shares of IYF opened at $133.28 on Thursday. The company has a market cap of $4.36 billion, a price-to-earnings ratio of 16.42 and a beta of 0.90. iShares U.S. Financials ETF has a twelve month low of $113.62 and a twelve month high of $135.26. The company has a 50 day moving average of $127.71 and a two-hundred day moving average of $125.15.

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.