iShares U.S. Financials ETF (NYSEARCA:IYF – Get Free Report) shares saw unusually-high trading volume on Thursday . Approximately 375,044 shares were traded during mid-day trading, an increase of 32% from the previous session’s volume of 285,053 shares.The stock last traded at $105.57 and had previously closed at $104.97.
iShares U.S. Financials ETF Stock Up 0.4 %
The company’s fifty day moving average is $111.25 and its two-hundred day moving average is $112.18. The firm has a market capitalization of $3.47 billion, a price-to-earnings ratio of 15.34 and a beta of 0.99.
Institutional Inflows and Outflows
A number of large investors have recently made changes to their positions in IYF. Accredited Wealth Management LLC bought a new position in shares of iShares U.S. Financials ETF during the fourth quarter worth $29,000. Private Trust Co. NA raised its position in shares of iShares U.S. Financials ETF by 50.5% during the fourth quarter. Private Trust Co. NA now owns 301 shares of the company’s stock worth $33,000 after purchasing an additional 101 shares during the period. Kestra Investment Management LLC bought a new position in shares of iShares U.S. Financials ETF during the 4th quarter valued at about $34,000. Sound Income Strategies LLC acquired a new position in shares of iShares U.S. Financials ETF in the 1st quarter valued at approximately $34,000. Finally, Newbridge Financial Services Group Inc. bought a new stake in iShares U.S. Financials ETF during the 4th quarter worth approximately $37,000.
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.
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