The Manufacturers Life Insurance Company Has $79.94 Million Stock Holdings in iShares U.S. Financials ETF (NYSEARCA:IYF)

The Manufacturers Life Insurance Company boosted its stake in shares of iShares U.S. Financials ETF (NYSEARCA:IYF) by 28.5% during the 3rd quarter, according to its most recent 13F filing with the SEC. The firm owned 769,351 shares of the company’s stock after buying an additional 170,769 shares during the period. The Manufacturers Life Insurance Company’s holdings in iShares U.S. Financials ETF were worth $79,936,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently bought and sold shares of IYF. Bank of Montreal Can raised its holdings in shares of iShares U.S. Financials ETF by 705.1% during the third quarter. Bank of Montreal Can now owns 431,608 shares of the company’s stock worth $44,658,000 after acquiring an additional 377,999 shares during the period. Wulff Hansen & CO. raised its stake in shares of iShares U.S. Financials ETF by 9,357.0% in 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 period. Apollon Wealth Management LLC lifted 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 valued at $12,908,000 after purchasing an additional 114,383 shares in the last quarter. Cetera Investment Advisers boosted its position in shares of iShares U.S. Financials ETF by 1,043.8% during the first quarter. Cetera Investment Advisers now owns 124,382 shares of the company’s stock worth $11,897,000 after buying an additional 113,508 shares during the period. Finally, International Assets Investment Management LLC grew its holdings in shares of iShares U.S. Financials ETF by 10,290.9% during the third quarter. International Assets Investment Management LLC now owns 100,584 shares of the company’s stock worth $10,451,000 after buying an additional 99,616 shares in the last quarter.

iShares U.S. Financials ETF Stock Performance

NYSEARCA IYF opened at $118.97 on Thursday. iShares U.S. Financials ETF has a 52 week low of $79.04 and a 52 week high of $119.90. The stock’s 50 day moving average price is $109.14 and its two-hundred day moving average price is $101.77. The stock has a market capitalization of $3.30 billion, a price-to-earnings ratio of 16.14 and a beta of 0.84.

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.