iShares U.S. Financials ETF (NYSEARCA:IYF) is Magnus Financial Group LLC’s 10th Largest Position

Magnus Financial Group LLC raised its stake in shares of iShares U.S. Financials ETF (NYSEARCA:IYFFree Report) by 2.4% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 193,219 shares of the company’s stock after buying an additional 4,573 shares during the quarter. iShares U.S. Financials ETF comprises 2.1% of Magnus Financial Group LLC’s portfolio, making the stock its 10th largest holding. Magnus Financial Group LLC owned approximately 0.70% of iShares U.S. Financials ETF worth $21,366,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently modified their holdings of IYF. Capital Performance Advisors LLP bought a new stake in shares of iShares U.S. Financials ETF during the 3rd quarter valued at about $41,000. Bogart Wealth LLC boosted its position in shares of iShares U.S. Financials ETF by 34.2% during the 3rd quarter. Bogart Wealth LLC now owns 416 shares of the company’s stock valued at $43,000 after acquiring an additional 106 shares during the last quarter. Anchor Investment Management LLC boosted its position in shares of iShares U.S. Financials ETF by 320.0% during the 3rd quarter. Anchor Investment Management LLC now owns 693 shares of the company’s stock valued at $72,000 after acquiring an additional 528 shares during the last quarter. Concourse Financial Group Securities Inc. boosted its position in shares of iShares U.S. Financials ETF by 26.5% during the 3rd quarter. Concourse Financial Group Securities Inc. now owns 879 shares of the company’s stock valued at $91,000 after acquiring an additional 184 shares during the last quarter. Finally, Christopher J. Hasenberg Inc bought a new stake in shares of iShares U.S. Financials ETF during the 4th quarter valued at about $130,000.

iShares U.S. Financials ETF Trading Down 0.3 %

Shares of IYF opened at $116.48 on Wednesday. The stock has a 50-day moving average price of $113.92 and a 200-day moving average price of $106.93. The company has a market cap of $3.23 billion, a PE ratio of 16.14 and a beta of 0.84. iShares U.S. Financials ETF has a 12-month low of $85.37 and a 12-month high of $119.90.

About iShares U.S. Financials ETF

(Free Report)

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.

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Institutional Ownership by Quarter for iShares U.S. Financials ETF (NYSEARCA:IYF)

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