bLong Financial LLC Acquires New Holdings in iShares U.S. Financials ETF (NYSEARCA:IYF)

bLong Financial LLC acquired a new stake in shares of iShares U.S. Financials ETF (NYSEARCA:IYF) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 23,386 shares of the company’s stock, valued at approximately $2,588,000. iShares U.S. Financials ETF makes up approximately 2.1% of bLong Financial LLC’s portfolio, making the stock its 9th largest position. bLong Financial LLC owned 0.08% of iShares U.S. Financials ETF as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Newbridge Financial Services Group Inc. purchased a new position in iShares U.S. Financials ETF in the 4th quarter worth approximately $37,000. Stonebridge Financial Group LLC purchased a new position in iShares U.S. Financials ETF in the 4th quarter worth approximately $37,000. Capital Performance Advisors LLP purchased a new position in iShares U.S. Financials ETF in the 3rd quarter worth approximately $41,000. Arlington Trust Co LLC purchased a new position in iShares U.S. Financials ETF in the 4th quarter worth approximately $41,000. Finally, Financial Life Planners purchased a new position in iShares U.S. Financials ETF in the 4th quarter worth approximately $42,000.

iShares U.S. Financials ETF Price Performance

IYF stock opened at $118.50 on Friday. iShares U.S. Financials ETF has a one year low of $88.19 and a one year high of $119.90. The stock has a market cap of $3.29 billion, a PE ratio of 16.14 and a beta of 0.84. The firm has a 50 day simple moving average of $114.23 and a two-hundred day simple moving average of $109.17.

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.