J.W. Cole Advisors Inc. Has $1.37 Million Position in iShares U.S. Financials ETF (NYSEARCA:IYF)

J.W. Cole Advisors Inc. raised its position in iShares U.S. Financials ETF (NYSEARCA:IYF) by 4.6% in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 14,495 shares of the company’s stock after purchasing an additional 632 shares during the period. J.W. Cole Advisors Inc. owned approximately 0.05% of iShares U.S. Financials ETF worth $1,371,000 as of its most recent filing with the SEC.

Other hedge funds also recently bought and sold shares of the company. Mitchell Sinkler & Starr PA bought a new stake in shares of iShares U.S. Financials ETF in the 4th quarter valued at $67,000. Connectus Wealth LLC acquired a new stake in shares of iShares U.S. Financials ETF during the fourth quarter worth about $7,026,000. FineMark National Bank & Trust bought a new position in shares of iShares U.S. Financials ETF during the 4th quarter valued at about $224,000. HCR Wealth Advisors acquired a new position in shares of iShares U.S. Financials ETF in the 4th quarter valued at approximately $336,000. Finally, Hsbc Holdings PLC bought a new stake in iShares U.S. Financials ETF during the 4th quarter worth approximately $1,260,000.

iShares U.S. Financials ETF Stock Performance

Shares of IYF opened at $101.38 on Monday. The firm has a market cap of $2.81 billion, a P/E ratio of 16.14 and a beta of 0.84. iShares U.S. Financials ETF has a twelve month low of $70.45 and a twelve month high of $105.20. The firm’s 50 day moving average price is $100.07 and its two-hundred day moving average price is $95.87.

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.