YHB Investment Advisors Inc. Makes New Investment in iShares U.S. Financials ETF (NYSEARCA:IYF)

YHB Investment Advisors Inc. acquired a new stake in iShares U.S. Financials ETF (NYSEARCA:IYF) in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 1,950 shares of the company’s stock, valued at approximately $203,000.

A number of other hedge funds have also made changes to their positions in the stock. International Assets Investment Management LLC boosted its stake in iShares U.S. Financials ETF by 10,290.9% during the 3rd quarter. International Assets Investment Management LLC now owns 100,584 shares of the company’s stock valued at $10,451,000 after purchasing an additional 99,616 shares in the last quarter. Saxony Capital Management LLC bought a new position in iShares U.S. Financials ETF during the third quarter valued at about $204,000. Private Advisor Group LLC boosted its stake in iShares U.S. Financials ETF by 66.9% during the third quarter. Private Advisor Group LLC now owns 37,370 shares of the company’s stock valued at $3,883,000 after buying an additional 14,983 shares in the last quarter. Raymond James & Associates grew its holdings in iShares U.S. Financials ETF by 3.5% during the third quarter. Raymond James & Associates now owns 100,471 shares of the company’s stock worth $10,439,000 after acquiring an additional 3,399 shares during the period. Finally, Stratos Investment Management LLC raised its position in iShares U.S. Financials ETF by 67.2% in the third quarter. Stratos Investment Management LLC now owns 5,269 shares of the company’s stock worth $547,000 after acquiring an additional 2,118 shares in the last quarter.

iShares U.S. Financials ETF Trading Up 0.3 %

NYSEARCA:IYF opened at $108.63 on Friday. The company has a 50-day moving average of $103.88 and a 200-day moving average of $98.20. iShares U.S. Financials ETF has a twelve month low of $70.45 and a twelve month high of $110.10. The firm has a market cap of $3.01 billion, a price-to-earnings ratio of 16.14 and a beta of 0.84.

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.