Central Valley Advisors LLC Increases Stock Holdings in iShares U.S. Financials ETF (NYSEARCA:IYF)

Central Valley Advisors LLC boosted its stake in iShares U.S. Financials ETF (NYSEARCA:IYF) by 15.4% in the third quarter, Holdings Channel reports. The fund owned 7,367 shares of the company’s stock after buying an additional 985 shares during the quarter. Central Valley Advisors LLC’s holdings in iShares U.S. Financials ETF were worth $765,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of IYF. Rothschild Investment LLC acquired a new stake in shares of iShares U.S. Financials ETF during the second quarter valued at about $25,000. GPS Wealth Strategies Group LLC boosted its holdings in iShares U.S. Financials ETF by 436.0% in the second quarter. GPS Wealth Strategies Group LLC now owns 268 shares of the company’s stock valued at $25,000 after purchasing an additional 218 shares during the last quarter. Global Trust Asset Management LLC grew its stake in iShares U.S. Financials ETF by 81.1% during the 1st quarter. Global Trust Asset Management LLC now owns 335 shares of the company’s stock valued at $32,000 after purchasing an additional 150 shares in the last quarter. Thurston Springer Miller Herd & Titak Inc. acquired a new stake in iShares U.S. Financials ETF during the 2nd quarter valued at approximately $57,000. Finally, International Assets Investment Management LLC acquired a new position in shares of iShares U.S. Financials ETF in the 2nd quarter valued at approximately $92,000.

iShares U.S. Financials ETF Stock Up 1.9 %

Shares of iShares U.S. Financials ETF stock traded up $1.99 on Friday, hitting $104.69. 789,594 shares of the company’s stock traded hands, compared to its average volume of 194,453. iShares U.S. Financials ETF has a 52-week low of $70.45 and a 52-week high of $105.20. The stock has a market cap of $2.91 billion, a P/E ratio of 16.14 and a beta of 0.84. The firm’s 50-day moving average is $101.45 and its 200 day moving average is $97.02.

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.