Trademark Financial Management LLC Invests $526,000 in iShares U.S. Financials ETF (NYSEARCA:IYF)

Trademark Financial Management LLC bought a new stake in shares of iShares U.S. Financials ETF (NYSEARCA:IYF) during the 3rd quarter, according to its most recent filing with the SEC. The firm bought 5,065 shares of the company’s stock, valued at approximately $526,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Wulff Hansen & CO. grew its position in iShares U.S. Financials ETF by 9,357.0% in the second quarter. Wulff Hansen & CO. now owns 262,432 shares of the company’s stock valued at $24,818,000 after acquiring an additional 259,657 shares in the last quarter. Cetera Advisors LLC increased its stake in iShares U.S. Financials ETF by 201.1% during the 1st quarter. Cetera Advisors LLC now owns 15,762 shares of the company’s stock worth $1,508,000 after buying an additional 10,528 shares during the period. Cambridge Investment Research Advisors Inc. increased its stake in iShares U.S. Financials ETF by 10.5% during the 2nd quarter. Cambridge Investment Research Advisors Inc. now owns 107,725 shares of the company’s stock worth $10,188,000 after buying an additional 10,214 shares during the period. Ironwood Wealth Management LLC. lifted its holdings in iShares U.S. Financials ETF by 4.9% in the 2nd quarter. Ironwood Wealth Management LLC. now owns 5,936 shares of the company’s stock worth $561,000 after buying an additional 279 shares in the last quarter. Finally, Comerica Bank boosted its position in iShares U.S. Financials ETF by 7.4% in the 1st quarter. Comerica Bank now owns 9,485 shares of the company’s stock valued at $907,000 after buying an additional 652 shares during the last quarter.

iShares U.S. Financials ETF Price Performance

Shares of iShares U.S. Financials ETF stock opened at $114.50 on Thursday. iShares U.S. Financials ETF has a 1-year low of $75.12 and a 1-year high of $114.65. The company has a market capitalization of $3.18 billion, a PE ratio of 16.14 and a beta of 0.84. The business has a 50-day moving average of $105.20 and a 200-day moving average of $99.37.

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.