Bank of America Corp DE Has $187.06 Million Stock Position in iShares U.S. Financials ETF (NYSEARCA:IYF)

Bank of America Corp DE lifted its position in shares of iShares U.S. Financials ETF (NYSEARCA:IYFGet Rating) by 13.3% in the first quarter, Holdings Channel reports. The institutional investor owned 2,212,914 shares of the company’s stock after acquiring an additional 259,759 shares during the period. Bank of America Corp DE owned approximately 0.08% of iShares U.S. Financials ETF worth $187,056,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently modified their holdings of IYF. Burleson & Company LLC bought a new position in shares of iShares U.S. Financials ETF in the first quarter worth $34,000. Capital Analysts LLC increased its position in shares of iShares U.S. Financials ETF by 157.1% in the first quarter. Capital Analysts LLC now owns 401 shares of the company’s stock worth $34,000 after purchasing an additional 245 shares during the period. Joseph P. Lucia & Associates LLC bought a new position in shares of iShares U.S. Financials ETF in the first quarter worth $48,000. Landmark Wealth Management LLC bought a new position in shares of iShares U.S. Financials ETF in the first quarter worth $60,000. Finally, JFS Wealth Advisors LLC bought a new position in shares of iShares U.S. Financials ETF in the first quarter worth $51,000.

iShares U.S. Financials ETF Stock Performance

Shares of NYSEARCA IYF opened at $71.95 on Thursday. iShares U.S. Financials ETF has a 52 week low of $67.51 and a 52 week high of $91.95. The stock’s fifty day moving average is $74.76 and its 200 day moving average is $76.52.

About iShares U.S. Financials ETF

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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.

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Want to see what other hedge funds are holding IYF? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares U.S. Financials ETF (NYSEARCA:IYFGet Rating).

Institutional Ownership by Quarter for iShares U.S. Financials ETF (NYSEARCA:IYF)

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