4,458 Shares in iShares U.S. Financials ETF $IYF Acquired by Zhang Financial LLC

Zhang Financial LLC purchased a new position in iShares U.S. Financials ETF (NYSEARCA:IYF) during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 4,458 shares of the company’s stock, valued at approximately $525,000.

A number of other hedge funds have also recently added to or reduced their stakes in the company. Rockefeller Capital Management L.P. raised its position in shares of iShares U.S. Financials ETF by 0.3% during the fourth quarter. Rockefeller Capital Management L.P. now owns 26,926 shares of the company’s stock worth $3,472,000 after purchasing an additional 86 shares during the period. SeaCrest Wealth Management LLC increased its stake in iShares U.S. Financials ETF by 3.9% during the 3rd quarter. SeaCrest Wealth Management LLC now owns 2,399 shares of the company’s stock valued at $300,000 after purchasing an additional 90 shares in the last quarter. Root Financial Partners LLC increased its stake in iShares U.S. Financials ETF by 19.4% during the 4th quarter. Root Financial Partners LLC now owns 597 shares of the company’s stock valued at $77,000 after purchasing an additional 97 shares in the last quarter. Vivaldi Capital Management LP raised its holdings in iShares U.S. Financials ETF by 3.6% during the second quarter. Vivaldi Capital Management LP now owns 2,769 shares of the company’s stock worth $335,000 after buying an additional 97 shares during the last quarter. Finally, Captrust Financial Advisors lifted its stake in shares of iShares U.S. Financials ETF by 0.8% in the fourth quarter. Captrust Financial Advisors now owns 13,665 shares of the company’s stock valued at $1,762,000 after buying an additional 103 shares in the last quarter.

iShares U.S. Financials ETF Trading Down 0.7%

iShares U.S. Financials ETF stock opened at $133.63 on Friday. The firm has a market capitalization of $4.37 billion, a price-to-earnings ratio of 16.42 and a beta of 0.90. The firm’s fifty day moving average price is $127.06 and its two-hundred day moving average price is $125.10. iShares U.S. Financials ETF has a 1-year low of $113.62 and a 1-year high of $135.27.

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