9,230 Shares in iShares U.S. Financials ETF $IYF Bought by Matthew Goff Investment Advisor LLC

Matthew Goff Investment Advisor LLC acquired a new stake in iShares U.S. Financials ETF (NYSEARCA:IYF) in the first quarter, Holdings Channel reports. The institutional investor acquired 9,230 shares of the company’s stock, valued at approximately $1,086,000.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Ransom Advisory Ltd acquired a new position in iShares U.S. Financials ETF in the fourth quarter valued at about $26,000. Flagship Harbor Advisors LLC acquired a new position in shares of iShares U.S. Financials ETF during the 4th quarter worth about $26,000. Financial Life Planners acquired a new position in shares of iShares U.S. Financials ETF during the 3rd quarter worth about $27,000. Key Capital Management INC bought a new stake in shares of iShares U.S. Financials ETF in the 4th quarter valued at about $28,000. Finally, Hazlett Burt & Watson Inc. increased its stake in shares of iShares U.S. Financials ETF by 666.7% in the 4th quarter. Hazlett Burt & Watson Inc. now owns 230 shares of the company’s stock valued at $30,000 after acquiring an additional 200 shares during the last quarter.

iShares U.S. Financials ETF Price Performance

Shares of NYSEARCA:IYF opened at $128.56 on Tuesday. The company has a market capitalization of $3.52 billion, a price-to-earnings ratio of 16.42 and a beta of 0.91. The firm’s 50 day simple moving average is $124.27 and its 200 day simple moving average is $124.73. iShares U.S. Financials ETF has a fifty-two week low of $113.62 and a fifty-two week high of $133.54.

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. The Company invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.