Lpwm LLC Increases Stake in iShares U.S. Financials ETF (NYSEARCA:IYF)

Lpwm LLC increased its stake in iShares U.S. Financials ETF (NYSEARCA:IYF) by 10.8% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 4,366 shares of the company’s stock after buying an additional 426 shares during the period. Lpwm LLC’s holdings in iShares U.S. Financials ETF were worth $483,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of IYF. Capital Performance Advisors LLP bought a new position in shares of iShares U.S. Financials ETF in the 3rd quarter worth approximately $41,000. Bogart Wealth LLC lifted its stake in shares of iShares U.S. Financials ETF by 34.2% in the third quarter. Bogart Wealth LLC now owns 416 shares of the company’s stock worth $43,000 after buying an additional 106 shares in the last quarter. Anchor Investment Management LLC raised its holdings in iShares U.S. Financials ETF by 320.0% in the 3rd quarter. Anchor Investment Management LLC now owns 693 shares of the company’s stock worth $72,000 after acquiring an additional 528 shares during the last quarter. Concourse Financial Group Securities Inc. lifted its holdings in shares of iShares U.S. Financials ETF by 26.5% during the third quarter. Concourse Financial Group Securities Inc. now owns 879 shares of the company’s stock valued at $91,000 after purchasing an additional 184 shares in the last quarter. Finally, Crewe Advisors LLC bought a new position in iShares U.S. Financials ETF during the 3rd quarter valued at about $180,000.

iShares U.S. Financials ETF Price Performance

NYSEARCA IYF opened at $110.93 on Wednesday. The stock has a market capitalization of $3.08 billion, a price-to-earnings ratio of 16.14 and a beta of 0.84. The business’s fifty day moving average price is $113.79 and its 200-day moving average price is $106.22. iShares U.S. Financials ETF has a 1-year low of $83.28 and a 1-year high of $119.90.

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.