Matthew Goff Investment Advisor LLC Takes Position in iShares U.S. Financials ETF $IYF

Matthew Goff Investment Advisor LLC purchased a new stake in iShares U.S. Financials ETF (NYSEARCA:IYF) during the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm purchased 9,230 shares of the company’s stock, valued at approximately $1,086,000.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Ransom Advisory Ltd acquired a new position in iShares U.S. Financials ETF during the 4th quarter valued at about $26,000. Flagship Harbor Advisors LLC bought a new position in shares of iShares U.S. Financials ETF in the 4th quarter valued at about $26,000. Financial Life Planners bought a new position in shares of iShares U.S. Financials ETF in the 3rd quarter valued at about $27,000. Key Capital Management INC acquired a new stake in shares of iShares U.S. Financials ETF during the 4th quarter worth approximately $28,000. Finally, Hazlett Burt & Watson Inc. grew its position in shares of iShares U.S. Financials ETF by 666.7% during the 4th quarter. Hazlett Burt & Watson Inc. now owns 230 shares of the company’s stock worth $30,000 after buying an additional 200 shares during the period.

iShares U.S. Financials ETF Price Performance

IYF opened at $128.56 on Tuesday. The company has a market cap of $3.52 billion, a price-to-earnings ratio of 16.42 and a beta of 0.91. The firm has a 50 day simple moving average of $124.27 and a 200 day simple moving average of $124.73. iShares U.S. Financials ETF has a fifty-two week low of $113.62 and a fifty-two week high of $133.54.

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. The Company invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.