Avior Wealth Management LLC Boosts Stock Position in iShares U.S. Financials ETF (NYSEARCA:IYF)

Avior Wealth Management LLC boosted its holdings in shares of iShares U.S. Financials ETF (NYSEARCA:IYF) by 13.1% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 13,704 shares of the company’s stock after purchasing an additional 1,589 shares during the quarter. Avior Wealth Management LLC’s holdings in iShares U.S. Financials ETF were worth $1,515,000 as of its most recent SEC filing.

A number of other hedge funds also recently bought and sold shares of the business. MinichMacGregor Wealth Management LLC increased its holdings in shares of iShares U.S. Financials ETF by 93.1% in the 4th quarter. MinichMacGregor Wealth Management LLC now owns 181,005 shares of the company’s stock worth $20,016,000 after buying an additional 87,248 shares during the last quarter. Mutual Advisors LLC grew its position in iShares U.S. Financials ETF by 125.9% in the fourth quarter. Mutual Advisors LLC now owns 21,563 shares of the company’s stock worth $2,476,000 after acquiring an additional 12,019 shares in the last quarter. Janney Montgomery Scott LLC increased its stake in iShares U.S. Financials ETF by 16.2% during the fourth quarter. Janney Montgomery Scott LLC now owns 53,268 shares of the company’s stock worth $5,890,000 after acquiring an additional 7,441 shares during the last quarter. Sharp Financial Services LLC raised its position in iShares U.S. Financials ETF by 2.3% during the fourth quarter. Sharp Financial Services LLC now owns 49,815 shares of the company’s stock valued at $5,509,000 after purchasing an additional 1,130 shares during the period. Finally, Magnus Financial Group LLC lifted its stake in shares of iShares U.S. Financials ETF by 2.4% in the 4th quarter. Magnus Financial Group LLC now owns 193,219 shares of the company’s stock valued at $21,366,000 after purchasing an additional 4,573 shares during the last quarter.

iShares U.S. Financials ETF Stock Performance

NYSEARCA IYF opened at $116.76 on Friday. The business’s 50 day moving average price is $113.94 and its 200-day moving average price is $107.00. iShares U.S. Financials ETF has a fifty-two week low of $85.37 and a fifty-two week high of $119.90. The company has a market cap of $3.24 billion, a P/E ratio of 16.14 and a beta of 0.84.

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.