Larson Financial Group LLC Purchases 145 Shares of iShares U.S. Financials ETF (NYSEARCA:IYF)

Larson Financial Group LLC boosted its position in iShares U.S. Financials ETF (NYSEARCA:IYF) by 5.5% during the third quarter, HoldingsChannel reports. The fund owned 2,768 shares of the company’s stock after buying an additional 145 shares during the quarter. Larson Financial Group LLC’s holdings in iShares U.S. Financials ETF were worth $288,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. WESPAC Advisors LLC increased its position in shares of iShares U.S. Financials ETF by 27.4% during the third quarter. WESPAC Advisors LLC now owns 10,465 shares of the company’s stock valued at $1,087,000 after buying an additional 2,252 shares during the period. Meridian Wealth Management LLC bought a new stake in shares of iShares U.S. Financials ETF during the third quarter valued at about $361,000. Etfidea LLC increased its position in shares of iShares U.S. Financials ETF by 0.7% during the third quarter. Etfidea LLC now owns 89,954 shares of the company’s stock valued at $9,346,000 after buying an additional 620 shares during the period. Avior Wealth Management LLC increased its position in shares of iShares U.S. Financials ETF by 11.0% during the third quarter. Avior Wealth Management LLC now owns 12,115 shares of the company’s stock valued at $1,259,000 after buying an additional 1,201 shares during the period. Finally, Second Half Financial Partners LLC bought a new stake in shares of iShares U.S. Financials ETF during the third quarter valued at about $3,683,000.

iShares U.S. Financials ETF Stock Up 0.2 %

Shares of IYF opened at $118.97 on Thursday. The business’s 50-day moving average price is $109.14 and its 200-day moving average price is $101.77. The stock has a market cap of $3.30 billion, a PE ratio of 16.14 and a beta of 0.84. iShares U.S. Financials ETF has a twelve month low of $79.04 and a twelve month high of $119.90.

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.