Delta Financial Group Inc. Takes Position in iShares U.S. Financials ETF (NYSEARCA:IYF)

Delta Financial Group Inc. purchased a new stake in shares of iShares U.S. Financials ETF (NYSEARCA:IYF) during the 4th quarter, HoldingsChannel.com reports. The fund purchased 5,392 shares of the company’s stock, valued at approximately $596,000.

Several other institutional investors have also recently made changes to their positions in the company. Larson Financial Group LLC grew its stake in iShares U.S. Financials ETF by 5.5% in the third quarter. Larson Financial Group LLC now owns 2,768 shares of the company’s stock valued at $288,000 after purchasing an additional 145 shares during the last quarter. Principal Securities Inc. grew its stake in iShares U.S. Financials ETF by 12.5% in the fourth quarter. Principal Securities Inc. now owns 1,366 shares of the company’s stock valued at $151,000 after purchasing an additional 152 shares during the last quarter. WESPAC Advisors LLC grew its stake in iShares U.S. Financials ETF by 1.5% in the fourth quarter. WESPAC Advisors LLC now owns 10,621 shares of the company’s stock valued at $1,174,000 after purchasing an additional 156 shares during the last quarter. Whitener Capital Management Inc. grew its stake in iShares U.S. Financials ETF by 4.3% in the fourth quarter. Whitener Capital Management Inc. now owns 3,959 shares of the company’s stock valued at $438,000 after purchasing an additional 164 shares during the last quarter. Finally, Choreo LLC grew its stake in iShares U.S. Financials ETF by 8.4% in the fourth quarter. Choreo LLC now owns 2,576 shares of the company’s stock valued at $285,000 after purchasing an additional 200 shares during the last quarter.

iShares U.S. Financials ETF Price Performance

IYF opened at $115.44 on Friday. The business’s 50-day moving average is $114.56 and its two-hundred day moving average is $109.94. iShares U.S. Financials ETF has a 1 year low of $89.10 and a 1 year high of $119.90. The firm has a market capitalization of $3.20 billion, a PE ratio of 16.14 and a beta of 0.84.

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.