Kestra Investment Management LLC Makes New $34,000 Investment in iShares U.S. Financials ETF (NYSEARCA:IYF)

Kestra Investment Management LLC acquired a new position in shares of iShares U.S. Financials ETF (NYSEARCA:IYF) during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 310 shares of the company’s stock, valued at approximately $34,000.

Several other large investors also recently added to or reduced their stakes in the stock. Atria Wealth Solutions Inc. bought a new stake in iShares U.S. Financials ETF during the fourth quarter worth approximately $210,000. D.A. Davidson & CO. increased its stake in iShares U.S. Financials ETF by 15.2% during the fourth quarter. D.A. Davidson & CO. now owns 4,554 shares of the company’s stock worth $504,000 after acquiring an additional 601 shares during the last quarter. Truist Financial Corp increased its stake in iShares U.S. Financials ETF by 6.1% during the fourth quarter. Truist Financial Corp now owns 32,857 shares of the company’s stock worth $3,633,000 after acquiring an additional 1,894 shares during the last quarter. Sanctuary Advisors LLC boosted its position in shares of iShares U.S. Financials ETF by 7.4% during the fourth quarter. Sanctuary Advisors LLC now owns 55,100 shares of the company’s stock valued at $6,540,000 after buying an additional 3,799 shares during the period. Finally, Americana Partners LLC purchased a new position in shares of iShares U.S. Financials ETF during the fourth quarter valued at approximately $202,000.

iShares U.S. Financials ETF Price Performance

Shares of NYSEARCA:IYF opened at $115.44 on Friday. iShares U.S. Financials ETF has a 1 year low of $89.10 and a 1 year high of $119.90. The business has a 50 day simple moving average of $114.56 and a two-hundred day simple moving average of $109.84. The firm has a market capitalization of $3.20 billion, a PE 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.