Norden Group LLC Buys 528 Shares of iShares U.S. Financials ETF (NYSEARCA:IYF)

Norden Group LLC raised its stake in iShares U.S. Financials ETF (NYSEARCA:IYF) by 0.6% in the 4th quarter, HoldingsChannel reports. The firm owned 83,859 shares of the company’s stock after acquiring an additional 528 shares during the quarter. iShares U.S. Financials ETF makes up 1.0% of Norden Group LLC’s portfolio, making the stock its 14th biggest position. Norden Group LLC’s holdings in iShares U.S. Financials ETF were worth $9,273,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Private Trust Co. NA increased its stake in iShares U.S. Financials ETF by 50.5% in the fourth quarter. Private Trust Co. NA now owns 301 shares of the company’s stock valued at $33,000 after purchasing an additional 101 shares in the last quarter. Kestra Investment Management LLC bought a new stake in shares of iShares U.S. Financials ETF during the fourth quarter worth about $34,000. Newbridge Financial Services Group Inc. bought a new stake in shares of iShares U.S. Financials ETF during the fourth quarter worth about $37,000. Stonebridge Financial Group LLC bought a new stake in shares of iShares U.S. Financials ETF during the fourth quarter worth about $37,000. Finally, Capital Performance Advisors LLP bought a new stake in shares of iShares U.S. Financials ETF during the third quarter worth about $41,000.

iShares U.S. Financials ETF Price Performance

NYSEARCA:IYF opened at $118.40 on Friday. The firm has a 50-day moving average of $115.11 and a 200-day moving average of $110.63. The company has a market cap of $4.00 billion, a PE ratio of 15.26 and a beta of 1.08. iShares U.S. Financials ETF has a one year low of $89.10 and a one year high of $119.90.

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.