Thrivent Financial for Lutherans Raises Stake in iShares U.S. Financials ETF (NYSEARCA:IYF)

Thrivent Financial for Lutherans increased its stake in iShares U.S. Financials ETF (NYSEARCA:IYF) by 2.6% in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 110,808 shares of the company’s stock after purchasing an additional 2,792 shares during the quarter. Thrivent Financial for Lutherans owned 0.40% of iShares U.S. Financials ETF worth $11,513,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. OneDigital Investment Advisors LLC boosted its stake in shares of iShares U.S. Financials ETF by 15.6% during the 3rd quarter. OneDigital Investment Advisors LLC now owns 103,092 shares of the company’s stock worth $10,711,000 after acquiring an additional 13,903 shares in the last quarter. Apollon Wealth Management LLC raised its holdings in iShares U.S. Financials ETF by 1,161.0% during the third quarter. Apollon Wealth Management LLC now owns 124,235 shares of the company’s stock worth $12,908,000 after purchasing an additional 114,383 shares during the last quarter. Tyler Stone Wealth Management boosted its position in iShares U.S. Financials ETF by 100.4% during the third quarter. Tyler Stone Wealth Management now owns 5,049 shares of the company’s stock worth $525,000 after purchasing an additional 2,529 shares in the last quarter. XML Financial LLC grew its holdings in iShares U.S. Financials ETF by 4.0% in the third quarter. XML Financial LLC now owns 111,605 shares of the company’s stock valued at $11,596,000 after purchasing an additional 4,314 shares during the last quarter. Finally, Atria Investments Inc raised its stake in shares of iShares U.S. Financials ETF by 3.7% during the 3rd quarter. Atria Investments Inc now owns 7,288 shares of the company’s stock worth $757,000 after buying an additional 261 shares during the last quarter.

iShares U.S. Financials ETF Stock Up 1.4 %

iShares U.S. Financials ETF stock opened at $116.40 on Friday. The firm has a market capitalization of $3.23 billion, a PE ratio of 16.14 and a beta of 0.84. iShares U.S. Financials ETF has a 52 week low of $78.91 and a 52 week high of $116.86. The firm’s 50-day simple moving average is $107.87 and its 200 day simple moving average is $101.05.

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.