Arlington Trust Co LLC Buys New Shares in iShares U.S. Financials ETF (NYSEARCA:IYF)

Arlington Trust Co 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 (SEC). The firm bought 375 shares of the company’s stock, valued at approximately $41,000.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Newbridge Financial Services Group Inc. bought a new position in iShares U.S. Financials ETF during the fourth quarter worth $37,000. Financial Life Planners bought a new position in iShares U.S. Financials ETF during the fourth quarter worth $42,000. Capital Performance Advisors LLP bought a new position in iShares U.S. Financials ETF during the third quarter worth $41,000. Bogart Wealth LLC boosted its position in iShares U.S. Financials ETF by 34.2% during the third quarter. Bogart Wealth LLC now owns 416 shares of the company’s stock worth $43,000 after purchasing an additional 106 shares during the period. Finally, Anchor Investment Management LLC lifted its holdings in shares of iShares U.S. Financials ETF by 320.0% during the third quarter. Anchor Investment Management LLC now owns 693 shares of the company’s stock worth $72,000 after buying an additional 528 shares in the last quarter.

iShares U.S. Financials ETF Stock Performance

IYF opened at $117.52 on Tuesday. iShares U.S. Financials ETF has a fifty-two week low of $86.24 and a fifty-two week high of $119.90. The company has a market capitalization of $3.26 billion, a P/E ratio of 16.14 and a beta of 0.84. The stock has a fifty day moving average of $114.15 and a 200-day moving average of $108.68.

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.