10,077 Shares of iShares U.S. Financials ETF $IYF Bought by Park Avenue Securities LLC

Park Avenue Securities LLC purchased a new position in iShares U.S. Financials ETF (NYSEARCA:IYF) during the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 10,077 shares of the company’s stock, valued at approximately $1,266,000.

Several other hedge funds have also recently added to or reduced their stakes in IYF. The Manufacturers Life Insurance Company acquired a new position in shares of iShares U.S. Financials ETF in the second quarter valued at approximately $129,579,000. Royal Bank of Canada lifted its position in iShares U.S. Financials ETF by 3.1% during the first quarter. Royal Bank of Canada now owns 297,765 shares of the company’s stock valued at $35,036,000 after buying an additional 8,823 shares in the last quarter. Magnus Financial Group LLC lifted its holdings in shares of iShares U.S. Financials ETF by 2.6% during the 3rd quarter. Magnus Financial Group LLC now owns 217,557 shares of the company’s stock valued at $27,338,000 after acquiring an additional 5,588 shares in the last quarter. Sanctuary Advisors LLC boosted its position in iShares U.S. Financials ETF by 14.0% during the 1st quarter. Sanctuary Advisors LLC now owns 110,053 shares of the company’s stock worth $12,949,000 after purchasing an additional 13,557 shares during the period. Finally, WASHINGTON TRUST Co acquired a new stake in iShares U.S. Financials ETF in the 3rd quarter valued at $6,406,000.

iShares U.S. Financials ETF Stock Performance

Shares of NYSEARCA:IYF opened at $132.97 on Tuesday. The business’s 50-day simple moving average is $131.45 and its 200 day simple moving average is $127.67. The company has a market cap of $3.80 billion, a P/E ratio of 16.42 and a beta of 0.91. iShares U.S. Financials ETF has a one year low of $113.62 and a one year high of $139.09.

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.