WESPAC Advisors LLC Boosts Position in iShares U.S. Financials ETF (NYSEARCA:IYF)

WESPAC Advisors LLC increased its holdings in shares of iShares U.S. Financials ETF (NYSEARCA:IYF) by 1.5% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 10,621 shares of the company’s stock after purchasing an additional 156 shares during the period. iShares U.S. Financials ETF makes up 0.9% of WESPAC Advisors LLC’s holdings, making the stock its 28th biggest position. WESPAC Advisors LLC’s holdings in iShares U.S. Financials ETF were worth $1,174,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Kestra Investment Management LLC purchased a new position in iShares U.S. Financials ETF during the fourth quarter valued at approximately $34,000. Newbridge Financial Services Group Inc. purchased a new position in shares of iShares U.S. Financials ETF during the 4th quarter valued at approximately $37,000. Stonebridge Financial Group LLC purchased a new position in shares of iShares U.S. Financials ETF during the 4th quarter valued at approximately $37,000. Capital Performance Advisors LLP purchased a new position in shares of iShares U.S. Financials ETF during the 3rd quarter valued at approximately $41,000. Finally, Arlington Trust Co LLC purchased a new position in iShares U.S. Financials ETF in the fourth quarter valued at $41,000.

iShares U.S. Financials ETF Stock Performance

IYF opened at $115.44 on Friday. iShares U.S. Financials ETF has a fifty-two week low of $89.10 and a fifty-two week high of $119.90. The company has a fifty day moving average of $114.56 and a two-hundred day moving average of $109.94. The stock has a market capitalization of $3.20 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.