Financial Partners Group Inc Grows Stake in iShares US Financials ETF (NYSEARCA:IYF)

Financial Partners Group Inc raised its stake in iShares US Financials ETF (NYSEARCA:IYFGet Rating) by 92.0% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 7,179 shares of the company’s stock after purchasing an additional 3,440 shares during the quarter. Financial Partners Group Inc’s holdings in iShares US Financials ETF were worth $620,000 at the end of the most recent quarter.

Other large investors also recently added to or reduced their stakes in the company. Prospera Financial Services Inc raised its position in iShares US Financials ETF by 308.2% in the third quarter. Prospera Financial Services Inc now owns 49,400 shares of the company’s stock valued at $4,078,000 after purchasing an additional 37,298 shares during the period. Congress Wealth Management LLC DE acquired a new stake in iShares US Financials ETF during the 4th quarter valued at approximately $310,000. XML Financial LLC increased its holdings in iShares US Financials ETF by 14.7% during the 4th quarter. XML Financial LLC now owns 57,803 shares of the company’s stock worth $5,011,000 after purchasing an additional 7,425 shares during the last quarter. Fifth Third Bancorp raised its position in shares of iShares US Financials ETF by 25.6% in the 4th quarter. Fifth Third Bancorp now owns 2,432 shares of the company’s stock valued at $211,000 after purchasing an additional 496 shares in the last quarter. Finally, Renaissance Technologies LLC boosted its stake in shares of iShares US Financials ETF by 50.0% during the 3rd quarter. Renaissance Technologies LLC now owns 10,800 shares of the company’s stock valued at $892,000 after buying an additional 3,600 shares during the last quarter.

Shares of NYSEARCA:IYF traded up $1.24 during midday trading on Friday, reaching $74.12. The company had a trading volume of 327,339 shares, compared to its average volume of 558,380. The stock’s fifty day moving average price is $81.26 and its 200-day moving average price is $85.10. iShares US Financials ETF has a one year low of $71.49 and a one year high of $91.95.

About iShares US Financials ETF (Get Rating)

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.

Further Reading

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Institutional Ownership by Quarter for iShares US Financials ETF (NYSEARCA:IYF)

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