7,915 Shares in iShares U.S. Financials ETF $IYF Bought by Joel Isaacson & Co. LLC

Joel Isaacson & Co. LLC purchased a new stake in iShares U.S. Financials ETF (NYSEARCA:IYF) in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 7,915 shares of the company’s stock, valued at approximately $995,000.

Several other institutional investors and hedge funds also recently made changes to their positions in IYF. GAMMA Investing LLC acquired a new stake in shares of iShares U.S. Financials ETF during the third quarter worth $32,000. Bank of New Hampshire bought a new position in iShares U.S. Financials ETF during the 3rd quarter worth about $33,000. North Star Investment Management Corp. acquired a new stake in shares of iShares U.S. Financials ETF in the 3rd quarter valued at about $41,000. Ashton Thomas Private Wealth LLC raised its stake in shares of iShares U.S. Financials ETF by 234.6% in the 3rd quarter. Ashton Thomas Private Wealth LLC now owns 542 shares of the company’s stock valued at $68,000 after purchasing an additional 380 shares during the period. Finally, Team Financial Group LLC bought a new stake in shares of iShares U.S. Financials ETF in the third quarter valued at about $77,000.

iShares U.S. Financials ETF Price Performance

IYF stock opened at $134.93 on Friday. iShares U.S. Financials ETF has a fifty-two week low of $113.62 and a fifty-two week high of $139.09. The stock has a market capitalization of $3.93 billion, a P/E ratio of 14.99 and a beta of 0.89. The business has a 50-day moving average of $131.03 and a 200-day moving average of $127.91.

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.