Wealth Enhancement Advisory Services LLC Raises Stock Position in iShares U.S. Financials ETF (NYSEARCA:IYF)

Wealth Enhancement Advisory Services LLC grew its holdings in shares of iShares U.S. Financials ETF (NYSEARCA:IYF) by 2.5% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 10,115 shares of the company’s stock after purchasing an additional 251 shares during the period. Wealth Enhancement Advisory Services LLC’s holdings in iShares U.S. Financials ETF were worth $1,051,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Janney Montgomery Scott LLC grew its position in shares of iShares U.S. Financials ETF by 3.5% during the first quarter. Janney Montgomery Scott LLC now owns 35,557 shares of the company’s stock worth $3,401,000 after buying an additional 1,192 shares in the last quarter. Concurrent Investment Advisors LLC grew its position in shares of iShares U.S. Financials ETF by 1.3% during the first quarter. Concurrent Investment Advisors LLC now owns 54,788 shares of the company’s stock worth $5,240,000 after buying an additional 718 shares in the last quarter. Avantax Advisory Services Inc. grew its position in shares of iShares U.S. Financials ETF by 22.2% during the first quarter. Avantax Advisory Services Inc. now owns 4,595 shares of the company’s stock worth $439,000 after buying an additional 835 shares in the last quarter. Koshinski Asset Management Inc. grew its position in shares of iShares U.S. Financials ETF by 229.2% during the first quarter. Koshinski Asset Management Inc. now owns 14,776 shares of the company’s stock worth $1,413,000 after buying an additional 10,288 shares in the last quarter. Finally, Pinkerton Retirement Specialists LLC grew its position in shares of iShares U.S. Financials ETF by 26.9% during the first quarter. Pinkerton Retirement Specialists LLC now owns 73,014 shares of the company’s stock worth $6,984,000 after buying an additional 15,488 shares in the last quarter.

iShares U.S. Financials ETF Stock Performance

Shares of iShares U.S. Financials ETF stock opened at $107.18 on Wednesday. The business has a 50-day simple moving average of $104.98 and a 200-day simple moving average of $99.27. The company has a market cap of $2.97 billion, a PE ratio of 16.14 and a beta of 0.84. iShares U.S. Financials ETF has a one year low of $75.12 and a one year high of $110.10.

iShares U.S. Financials ETF Company 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.