YHB Investment Advisors Inc. Invests $187,000 in iShares U.S. Financials ETF (NYSEARCA:IYF)

YHB Investment Advisors Inc. purchased a new stake in iShares U.S. Financials ETF (NYSEARCA:IYF) in the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 1,950 shares of the company’s stock, valued at approximately $187,000.

A number of other hedge funds also recently modified their holdings of IYF. Global Trust Asset Management LLC grew its position in shares of iShares U.S. Financials ETF by 81.1% in the 1st quarter. Global Trust Asset Management LLC now owns 335 shares of the company’s stock valued at $32,000 after buying an additional 150 shares during the last quarter. Annis Gardner Whiting Capital Advisors LLC bought a new position in iShares U.S. Financials ETF in the 3rd quarter valued at about $34,000. Criterion Capital Advisors LLC bought a new position in iShares U.S. Financials ETF during the 4th quarter valued at $48,000. Bare Financial Services Inc bought a new stake in iShares U.S. Financials ETF in the 4th quarter worth about $59,000. Finally, Principal Securities Inc. bought a new stake in iShares U.S. Financials ETF during the fourth quarter worth $63,000.

iShares U.S. Financials ETF Price Performance

Shares of iShares U.S. Financials ETF stock traded down $1.12 during trading hours on Tuesday, reaching $92.77. The company had a trading volume of 53,479 shares, compared to its average volume of 137,563. The business has a fifty day simple moving average of $93.57 and a 200 day simple moving average of $89.66. iShares U.S. Financials ETF has a one year low of $70.45 and a one year high of $96.85. The firm has a market cap of $2.57 billion, a PE ratio of 16.14 and a beta of 0.84.

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.