Americana Partners LLC Acquires Shares of 1,827 iShares U.S. Financials ETF (NYSEARCA:IYF)

Americana Partners LLC acquired a new stake in shares of iShares U.S. Financials ETF (NYSEARCA:IYF) during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 1,827 shares of the company’s stock, valued at approximately $202,000.

A number of other institutional investors also recently added to or reduced their stakes in IYF. Bank of Montreal Can boosted its holdings in iShares U.S. Financials ETF by 705.1% during the third quarter. Bank of Montreal Can now owns 431,608 shares of the company’s stock valued at $44,658,000 after purchasing an additional 377,999 shares in the last quarter. The Manufacturers Life Insurance Company boosted its holdings in iShares U.S. Financials ETF by 28.5% during the third quarter. The Manufacturers Life Insurance Company now owns 769,351 shares of the company’s stock valued at $79,936,000 after purchasing an additional 170,769 shares in the last quarter. Apollon Wealth Management LLC boosted 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 valued at $12,908,000 after purchasing an additional 114,383 shares in the last quarter. International Assets Investment Management LLC boosted its holdings in iShares U.S. Financials ETF by 10,290.9% during the third 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. Finally, MinichMacGregor Wealth Management LLC bought a new position in shares of iShares U.S. Financials ETF in the third quarter valued at approximately $9,741,000.

iShares U.S. Financials ETF Trading Up 0.7 %

NYSEARCA:IYF opened at $119.37 on Wednesday. iShares U.S. Financials ETF has a 1 year low of $88.73 and a 1 year high of $119.90. The firm has a 50 day moving average of $114.30 and a 200-day moving average of $109.41. The stock has a market capitalization of $3.31 billion, a P/E ratio of 16.14 and a beta of 0.84.

About iShares U.S. Financials ETF

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.