2,713 Shares in iShares U.S. Financials ETF (NYSEARCA:IYF) Purchased by Envestnet Portfolio Solutions Inc.

Envestnet Portfolio Solutions Inc. bought a new position in shares of iShares U.S. Financials ETF (NYSEARCA:IYF) during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 2,713 shares of the company’s stock, valued at approximately $232,000.

A number of other institutional investors have also added to or reduced their stakes in the company. One Capital Management LLC acquired a new stake in iShares U.S. Financials ETF during the fourth quarter valued at approximately $1,079,000. Principal Securities Inc. acquired a new stake in iShares U.S. Financials ETF during the fourth quarter valued at approximately $63,000. Lincoln National Corp boosted its holdings in iShares U.S. Financials ETF by 8.2% during the fourth quarter. Lincoln National Corp now owns 5,524 shares of the company’s stock valued at $472,000 after purchasing an additional 418 shares in the last quarter. Private Advisor Group LLC boosted its holdings in iShares U.S. Financials ETF by 24.0% during the fourth quarter. Private Advisor Group LLC now owns 39,150 shares of the company’s stock valued at $3,344,000 after purchasing an additional 7,569 shares in the last quarter. Finally, Wealthcare Advisory Partners LLC boosted its holdings in iShares U.S. Financials ETF by 10.7% during the fourth quarter. Wealthcare Advisory Partners LLC now owns 4,486 shares of the company’s stock valued at $383,000 after purchasing an additional 435 shares in the last quarter.

iShares U.S. Financials ETF Trading Up 1.0 %

NYSEARCA IYF opened at $95.22 on Friday. The stock’s 50 day moving average is $93.59 and its two-hundred day moving average is $88.20. The company has a market capitalization of $2.64 billion, a price-to-earnings ratio of 16.14 and a beta of 0.84. iShares U.S. Financials ETF has a 1-year low of $69.83 and a 1-year high of $96.85.

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.