Whitener Capital Management Inc. Raises Stock Holdings in iShares U.S. Financials ETF (NYSEARCA:IYF)

Whitener Capital Management Inc. boosted its holdings in iShares U.S. Financials ETF (NYSEARCA:IYF) by 4.3% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 3,959 shares of the company’s stock after purchasing an additional 164 shares during the period. Whitener Capital Management Inc.’s holdings in iShares U.S. Financials ETF were worth $438,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. The Manufacturers Life Insurance Company increased its holdings in iShares U.S. Financials ETF by 28.5% during the third quarter. The Manufacturers Life Insurance Company now owns 769,351 shares of the company’s stock worth $79,936,000 after buying an additional 170,769 shares during the last quarter. Bank of Montreal Can raised its stake in shares of iShares U.S. Financials ETF by 705.1% in the third quarter. Bank of Montreal Can now owns 431,608 shares of the company’s stock valued at $44,658,000 after buying an additional 377,999 shares during the period. Magnus Financial Group LLC lifted its holdings in iShares U.S. Financials ETF by 2.6% during the third quarter. Magnus Financial Group LLC now owns 188,646 shares of the company’s stock valued at $19,600,000 after purchasing an additional 4,826 shares during the last quarter. Cetera Investment Advisers raised its position in shares of iShares U.S. Financials ETF by 1.2% in the second quarter. Cetera Investment Advisers now owns 125,852 shares of the company’s stock valued at $11,902,000 after purchasing an additional 1,470 shares during the period. Finally, Apollon Wealth Management LLC lifted its stake in shares of iShares U.S. Financials ETF by 1,161.0% during the 3rd quarter. Apollon Wealth Management LLC now owns 124,235 shares of the company’s stock valued at $12,908,000 after buying an additional 114,383 shares in the last quarter.

iShares U.S. Financials ETF Price Performance

iShares U.S. Financials ETF stock opened at $115.80 on Friday. The firm has a market capitalization of $3.21 billion, a P/E ratio of 16.14 and a beta of 0.84. iShares U.S. Financials ETF has a one year low of $83.28 and a one year high of $119.90. The business has a fifty day moving average price of $113.87 and a 200-day moving average price of $106.48.

iShares U.S. Financials ETF Company 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.