UBS Group AG Has $54.01 Million Position in iShares U.S. Financials ETF $IYF

UBS Group AG increased its stake in shares of iShares U.S. Financials ETF (NYSEARCA:IYF) by 4.8% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 418,923 shares of the company’s stock after purchasing an additional 19,167 shares during the quarter. UBS Group AG owned approximately 1.27% of iShares U.S. Financials ETF worth $54,012,000 as of its most recent filing with the SEC.

Other institutional investors have also made changes to their positions in the company. Ransom Advisory Ltd acquired a new stake in shares of iShares U.S. Financials ETF during the fourth quarter worth approximately $26,000. Flagship Harbor Advisors LLC acquired a new stake in shares of iShares U.S. Financials ETF in the fourth quarter worth about $26,000. Financial Life Planners acquired a new stake in shares of iShares U.S. Financials ETF in the third quarter worth about $27,000. Key Capital Management INC acquired a new stake in shares of iShares U.S. Financials ETF in the fourth quarter worth about $28,000. Finally, BNP Paribas Financial Markets acquired a new stake in shares of iShares U.S. Financials ETF in the third quarter worth about $34,000.

iShares U.S. Financials ETF Price Performance

Shares of NYSEARCA:IYF opened at $123.38 on Wednesday. iShares U.S. Financials ETF has a fifty-two week low of $111.12 and a fifty-two week high of $133.54. The business has a 50-day moving average of $120.76 and a two-hundred day moving average of $124.44. The stock has a market capitalization of $3.38 billion, a P/E ratio of 16.42 and a beta of 0.92.

iShares U.S. Financials ETF 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.