WJ Wealth Management LLC Invests $276,000 in iShares U.S. Financials ETF $IYF

WJ Wealth Management LLC purchased a new position in iShares U.S. Financials ETF (NYSEARCA:IYF) during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 2,280 shares of the company’s stock, valued at approximately $276,000.

Several other hedge funds and other institutional investors have also recently modified their holdings of IYF. The Manufacturers Life Insurance Company lifted its stake in shares of iShares U.S. Financials ETF by 1,366.8% in the first quarter. The Manufacturers Life Insurance Company now owns 1,498,231 shares of the company’s stock worth $169,075,000 after buying an additional 1,396,090 shares in the last quarter. Sagespring Wealth Partners LLC purchased a new position in shares of iShares U.S. Financials ETF in the second quarter worth about $26,768,000. SPC Financial Inc. acquired a new stake in iShares U.S. Financials ETF during the second quarter worth about $18,470,000. PGIM Custom Harvest LLC increased its position in iShares U.S. Financials ETF by 27.0% during the first quarter. PGIM Custom Harvest LLC now owns 648,435 shares of the company’s stock worth $73,176,000 after purchasing an additional 137,864 shares during the last quarter. Finally, Goldman Sachs Group Inc. increased its position in iShares U.S. Financials ETF by 12.7% during the first quarter. Goldman Sachs Group Inc. now owns 929,654 shares of the company’s stock worth $104,911,000 after purchasing an additional 105,022 shares during the last quarter.

iShares U.S. Financials ETF Trading Down 0.1%

iShares U.S. Financials ETF stock opened at $124.48 on Thursday. iShares U.S. Financials ETF has a 12-month low of $95.34 and a 12-month high of $128.07. The stock has a market cap of $4.15 billion, a P/E ratio of 16.42 and a beta of 1.03. The company has a 50-day moving average price of $124.78 and a 200 day moving average price of $118.46.

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.