Arlington Trust Co LLC Invests $41,000 in iShares U.S. Financials ETF (NYSEARCA:IYF)

Arlington Trust Co LLC purchased a new stake in iShares U.S. Financials ETF (NYSEARCA:IYF) in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund purchased 375 shares of the company’s stock, valued at approximately $41,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Park Avenue Securities LLC raised its stake in iShares U.S. Financials ETF by 36.4% in the fourth quarter. Park Avenue Securities LLC now owns 3,048 shares of the company’s stock valued at $337,000 after purchasing an additional 813 shares in the last quarter. Janney Montgomery Scott LLC raised its stake in iShares U.S. Financials ETF by 16.2% in the fourth quarter. Janney Montgomery Scott LLC now owns 53,268 shares of the company’s stock valued at $5,890,000 after purchasing an additional 7,441 shares in the last quarter. Atria Investments Inc raised its stake in iShares U.S. Financials ETF by 3.7% in the third quarter. Atria Investments Inc now owns 7,288 shares of the company’s stock valued at $757,000 after purchasing an additional 261 shares in the last quarter. Merit Financial Group LLC acquired a new position in iShares U.S. Financials ETF in the fourth quarter valued at about $523,000. Finally, Retirement Planning Group LLC raised its stake in iShares U.S. Financials ETF by 13.3% in the third quarter. Retirement Planning Group LLC now owns 2,961 shares of the company’s stock valued at $308,000 after purchasing an additional 348 shares in the last quarter.

iShares U.S. Financials ETF Stock Down 1.0 %

IYF stock opened at $117.52 on Tuesday. The company has a market cap of $3.26 billion, a PE ratio of 16.14 and a beta of 0.84. The business has a 50-day simple moving average of $114.15 and a 200 day simple moving average of $108.68. iShares U.S. Financials ETF has a 52 week low of $86.24 and a 52 week 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.