Park Avenue Securities LLC Purchases 10,077 Shares of iShares U.S. Financials ETF $IYF

Park Avenue Securities LLC acquired a new position in iShares U.S. Financials ETF (NYSEARCA:IYF) in the third quarter, Holdings Channel reports. The firm acquired 10,077 shares of the company’s stock, valued at approximately $1,266,000.

Several other institutional investors have also made changes to their positions in the company. The Manufacturers Life Insurance Company acquired a new position in iShares U.S. Financials ETF during the second quarter valued at approximately $129,579,000. WASHINGTON TRUST Co acquired a new stake in shares of iShares U.S. Financials ETF during the 3rd quarter worth approximately $6,406,000. Avior Wealth Management LLC bought a new stake in shares of iShares U.S. Financials ETF during the third quarter valued at approximately $2,280,000. Sanctuary Advisors LLC increased its holdings in iShares U.S. Financials ETF by 14.0% in the 1st quarter. Sanctuary Advisors LLC now owns 110,053 shares of the company’s stock valued at $12,949,000 after buying an additional 13,557 shares during the period. Finally, Sigma Planning Corp bought a new position in shares of iShares U.S. Financials ETF during the 3rd quarter worth about $1,276,000.

iShares U.S. Financials ETF Stock Up 1.6%

NYSEARCA:IYF opened at $132.97 on Tuesday. The firm has a market capitalization of $3.80 billion, a PE ratio of 16.42 and a beta of 0.91. iShares U.S. Financials ETF has a 12-month low of $113.62 and a 12-month high of $139.09. The firm has a 50-day moving average price of $131.45 and a 200 day moving average price of $127.67.

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.