Second Half Financial Partners LLC Invests $3.68 Million in iShares U.S. Financials ETF (NYSEARCA:IYF)

Second Half Financial Partners LLC acquired a new stake in shares of iShares U.S. Financials ETF (NYSEARCA:IYF) in the third quarter, HoldingsChannel.com reports. The firm acquired 35,447 shares of the company’s stock, valued at approximately $3,683,000. iShares U.S. Financials ETF comprises about 2.0% of Second Half Financial Partners LLC’s investment portfolio, making the stock its 12th biggest holding.

A number of other institutional investors also recently bought and sold shares of IYF. Wulff Hansen & CO. increased its position in iShares U.S. Financials ETF by 9,357.0% in the second quarter. Wulff Hansen & CO. now owns 262,432 shares of the company’s stock worth $24,818,000 after buying an additional 259,657 shares in the last quarter. Cetera Advisors LLC raised its stake in iShares U.S. Financials ETF by 201.1% during the 1st quarter. Cetera Advisors LLC now owns 15,762 shares of the company’s stock worth $1,508,000 after acquiring an additional 10,528 shares during the period. Cambridge Investment Research Advisors Inc. increased its stake in shares of iShares U.S. Financials ETF by 10.5% in the second quarter. Cambridge Investment Research Advisors Inc. now owns 107,725 shares of the company’s stock worth $10,188,000 after purchasing an additional 10,214 shares in the last quarter. Ironwood Wealth Management LLC. increased its stake in shares of iShares U.S. Financials ETF by 4.9% in the second quarter. Ironwood Wealth Management LLC. now owns 5,936 shares of the company’s stock worth $561,000 after purchasing an additional 279 shares in the last quarter. Finally, Comerica Bank raised its position in shares of iShares U.S. Financials ETF by 7.4% during the 1st quarter. Comerica Bank now owns 9,485 shares of the company’s stock valued at $907,000 after purchasing an additional 652 shares during the period.

iShares U.S. Financials ETF Stock Performance

Shares of iShares U.S. Financials ETF stock opened at $115.79 on Tuesday. iShares U.S. Financials ETF has a fifty-two week low of $78.40 and a fifty-two week high of $116.06. The company has a market capitalization of $3.21 billion, a P/E ratio of 16.14 and a beta of 0.84. The company has a fifty day moving average of $107.00 and a 200 day moving average of $100.68.

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.