Essex LLC Has $1.21 Million Stock Holdings in iShares U.S. Financials ETF (NYSEARCA:IYF)

Essex LLC lowered its holdings in shares of iShares U.S. Financials ETF (NYSEARCA:IYF) by 4.0% in the third quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 11,624 shares of the company’s stock after selling 485 shares during the period. Essex LLC’s holdings in iShares U.S. Financials ETF were worth $1,208,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also modified their holdings of the business. The Manufacturers Life Insurance Company bought a new position in iShares U.S. Financials ETF in the second quarter valued at about $56,608,000. LPL Financial LLC boosted its stake in shares of iShares U.S. Financials ETF by 21.0% in the 2nd quarter. LPL Financial LLC now owns 475,892 shares of the company’s stock valued at $45,005,000 after purchasing an additional 82,599 shares in the last quarter. Wulff Hansen & CO. grew its holdings in shares of iShares U.S. Financials ETF by 9,357.0% during the 2nd quarter. Wulff Hansen & CO. now owns 262,432 shares of the company’s stock valued at $24,818,000 after purchasing an additional 259,657 shares during the last quarter. Magnus Financial Group LLC increased its position 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 worth $19,600,000 after purchasing an additional 4,826 shares in the last quarter. Finally, Osaic Holdings Inc. lifted its stake in iShares U.S. Financials ETF by 133.1% in the 1st quarter. Osaic Holdings Inc. now owns 186,794 shares of the company’s stock valued at $17,879,000 after purchasing an additional 106,650 shares during the last quarter.

iShares U.S. Financials ETF Price Performance

Shares of iShares U.S. Financials ETF stock opened at $109.73 on Friday. The company’s 50 day moving average price is $103.24 and its two-hundred day moving average price is $97.90. The firm has a market capitalization of $3.05 billion, a P/E ratio of 16.14 and a beta of 0.84. iShares U.S. Financials ETF has a fifty-two week low of $70.45 and a fifty-two week high of $110.10.

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.