Kellett Wealth Advisors LLC Boosts Position in iShares U.S. Financials ETF (NYSEARCA:IYF)

Kellett Wealth Advisors LLC lifted its stake in shares of iShares U.S. Financials ETF (NYSEARCA:IYF) by 101.0% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 7,887 shares of the company’s stock after acquiring an additional 3,964 shares during the period. Kellett Wealth Advisors LLC’s holdings in iShares U.S. Financials ETF were worth $674,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also modified their holdings of IYF. Ironwood Wealth Management LLC. raised its holdings in iShares U.S. Financials ETF by 54.9% in the 1st quarter. Ironwood Wealth Management LLC. now owns 54,770 shares of the company’s stock valued at $4,630,000 after buying an additional 19,422 shares during the period. Citigroup Inc. raised its holdings in iShares U.S. Financials ETF by 7.1% in the 1st quarter. Citigroup Inc. now owns 12,656 shares of the company’s stock valued at $1,070,000 after buying an additional 843 shares during the period. Bank of Montreal Can raised its holdings in iShares U.S. Financials ETF by 18.4% in the 1st quarter. Bank of Montreal Can now owns 36,534 shares of the company’s stock valued at $3,168,000 after buying an additional 5,689 shares during the period. BlackRock Inc. purchased a new stake in iShares U.S. Financials ETF in the 1st quarter valued at about $811,000. Finally, Raymond James Trust N.A. raised its holdings in iShares U.S. Financials ETF by 16.4% in the 1st quarter. Raymond James Trust N.A. now owns 6,362 shares of the company’s stock valued at $538,000 after buying an additional 896 shares during the period.

iShares U.S. Financials ETF Trading Up 0.7 %

IYF traded up $0.60 on Thursday, hitting $90.09. The company had a trading volume of 73,187 shares, compared to its average volume of 163,573. The firm has a market cap of $2.47 billion, a P/E ratio of 15.87 and a beta of 0.90. iShares U.S. Financials ETF has a 1 year low of $68.31 and a 1 year high of $95.88. The company’s fifty day moving average price is $91.74 and its 200 day moving average price is $84.40.

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.