International Assets Investment Management LLC Acquires Shares of 82,684 iShares U.S. Financials ETF (NYSEARCA:IYF)

International Assets Investment Management LLC bought a new stake in iShares U.S. Financials ETF (NYSEARCA:IYF) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 82,684 shares of the company’s stock, valued at approximately $7,062,000. International Assets Investment Management LLC owned 0.34% of iShares U.S. Financials ETF as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Annis Gardner Whiting Capital Advisors LLC acquired a new stake in iShares U.S. Financials ETF in the third quarter worth about $34,000. Fifth Third Bancorp raised its stake in shares of iShares U.S. Financials ETF by 15.5% during the fourth quarter. Fifth Third Bancorp now owns 1,986 shares of the company’s stock worth $170,000 after buying an additional 266 shares during the last quarter. Larson Financial Group LLC raised its stake in shares of iShares U.S. Financials ETF by 13.5% during the third quarter. Larson Financial Group LLC now owns 2,308 shares of the company’s stock worth $173,000 after buying an additional 275 shares during the last quarter. Whitener Capital Management Inc. acquired a new position in iShares U.S. Financials ETF in the third quarter valued at approximately $212,000. Finally, High Net Worth Advisory Group LLC bought a new position in iShares U.S. Financials ETF in the fourth quarter valued at approximately $214,000.

iShares U.S. Financials ETF Stock Performance

IYF opened at $93.61 on Tuesday. The company has a fifty day moving average price of $92.58 and a two-hundred day moving average price of $86.11. The firm has a market capitalization of $2.60 billion, a PE ratio of 16.14 and a beta of 0.84. iShares U.S. Financials ETF has a 52 week low of $69.58 and a 52 week high of $95.88.

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.