Lee Danner & Bass Inc. Buys Shares of 355 iShares U.S. Financials ETF (NYSEARCA:IYF)

Lee Danner & Bass Inc. bought a new stake in iShares U.S. Financials ETF (NYSEARCA:IYF) in the 4th quarter, Holdings Channel.com reports. The fund bought 355 shares of the company’s stock, valued at approximately $39,000.

Other large investors have also recently bought and sold shares of the company. Meridian Wealth Management LLC bought a new stake in shares of iShares U.S. Financials ETF during the third quarter worth $361,000. WESPAC Advisors LLC increased its position in shares of iShares U.S. Financials ETF by 27.4% during the third quarter. WESPAC Advisors LLC now owns 10,465 shares of the company’s stock worth $1,087,000 after acquiring an additional 2,252 shares in the last quarter. Larson Financial Group LLC increased its position in shares of iShares U.S. Financials ETF by 5.5% during the third quarter. Larson Financial Group LLC now owns 2,768 shares of the company’s stock worth $288,000 after acquiring an additional 145 shares in the last quarter. Crewe Advisors LLC bought a new stake in shares of iShares U.S. Financials ETF during the third quarter worth $180,000. Finally, Bank of Montreal Can grew its position in iShares U.S. Financials ETF by 705.1% in the third quarter. Bank of Montreal Can now owns 431,608 shares of the company’s stock valued at $44,658,000 after purchasing an additional 377,999 shares in the last quarter.

iShares U.S. Financials ETF Trading Down 0.3 %

iShares U.S. Financials ETF stock opened at $112.23 on Friday. The company has a market cap of $3.64 billion, a P/E ratio of 15.00 and a beta of 1.08. iShares U.S. Financials ETF has a 1-year low of $89.10 and a 1-year high of $119.90. The company has a fifty day simple moving average of $115.21 and a 200 day simple moving average of $111.59.

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.