B. Riley Wealth Advisors Inc. Increases Position in iShares U.S. Financials ETF (NYSEARCA:IYF)

B. Riley Wealth Advisors Inc. lifted its position in shares of iShares U.S. Financials ETF (NYSEARCA:IYF) by 5.2% during the first quarter, Holdings Channel reports. The institutional investor owned 7,798 shares of the company’s stock after purchasing an additional 384 shares during the period. B. Riley Wealth Advisors Inc.’s holdings in iShares U.S. Financials ETF were worth $746,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. Larson Financial Group LLC grew its position in shares of iShares U.S. Financials ETF by 5.2% during the fourth quarter. Larson Financial Group LLC now owns 2,429 shares of the company’s stock valued at $207,000 after purchasing an additional 121 shares in the last quarter. HF Advisory Group LLC raised its holdings in shares of iShares U.S. Financials ETF by 2.9% during the 1st quarter. HF Advisory Group LLC now owns 5,070 shares of the company’s stock worth $485,000 after acquiring an additional 143 shares in the last quarter. Global Trust Asset Management LLC boosted its position in shares of iShares U.S. Financials ETF by 81.1% during the 1st quarter. Global Trust Asset Management LLC now owns 335 shares of the company’s stock valued at $32,000 after acquiring an additional 150 shares during the last quarter. Eudaimonia Advisors LLC grew its holdings in shares of iShares U.S. Financials ETF by 3.5% in the first quarter. Eudaimonia Advisors LLC now owns 5,261 shares of the company’s stock valued at $503,000 after purchasing an additional 179 shares in the last quarter. Finally, CWM LLC increased its position in iShares U.S. Financials ETF by 5.0% in the first quarter. CWM LLC now owns 4,030 shares of the company’s stock worth $385,000 after purchasing an additional 192 shares during the last quarter.

iShares U.S. Financials ETF Stock Down 1.8 %

iShares U.S. Financials ETF stock opened at $99.49 on Friday. iShares U.S. Financials ETF has a 52-week low of $70.45 and a 52-week high of $102.17. The company has a market cap of $2.76 billion, a price-to-earnings ratio of 16.14 and a beta of 0.84. The firm’s fifty day moving average is $96.19 and its 200 day moving average is $92.96.

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.