Stillwater Capital Advisors LLC Increases Holdings in iShares U.S. Financials ETF (NYSEARCA:IYF)

Stillwater Capital Advisors LLC boosted its position in iShares U.S. Financials ETF (NYSEARCA:IYF) by 6.6% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 54,509 shares of the company’s stock after purchasing an additional 3,352 shares during the period. Stillwater Capital Advisors LLC’s holdings in iShares U.S. Financials ETF were worth $6,028,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. The Manufacturers Life Insurance Company lifted its holdings in shares of iShares U.S. Financials ETF by 28.5% in the third quarter. The Manufacturers Life Insurance Company now owns 769,351 shares of the company’s stock valued at $79,936,000 after purchasing an additional 170,769 shares in the last quarter. Bank of Montreal Can lifted its stake in iShares U.S. Financials ETF by 705.1% in the 3rd quarter. Bank of Montreal Can now owns 431,608 shares of the company’s stock valued at $44,658,000 after buying an additional 377,999 shares in the last quarter. Magnus Financial Group LLC grew its holdings in iShares U.S. Financials ETF by 2.6% during the 3rd quarter. Magnus Financial Group LLC now owns 188,646 shares of the company’s stock valued at $19,600,000 after buying an additional 4,826 shares during the last quarter. Cetera Investment Advisers increased its position in iShares U.S. Financials ETF by 1.2% during the second quarter. Cetera Investment Advisers now owns 125,852 shares of the company’s stock worth $11,902,000 after buying an additional 1,470 shares in the last quarter. Finally, Apollon Wealth Management LLC raised its holdings in shares of iShares U.S. Financials ETF by 1,161.0% in the third quarter. Apollon Wealth Management LLC now owns 124,235 shares of the company’s stock worth $12,908,000 after acquiring an additional 114,383 shares during the last quarter.

iShares U.S. Financials ETF Stock Up 0.9 %

IYF opened at $115.80 on Friday. The firm has a market cap of $3.21 billion, a P/E ratio of 16.14 and a beta of 0.84. The business’s fifty day simple moving average is $113.87 and its 200 day simple moving average is $106.56. iShares U.S. Financials ETF has a 52 week low of $83.28 and a 52 week high of $119.90.

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.