Dynasty Wealth Management LLC Raises Stake in iShares U.S. Financials ETF $IYF

Dynasty Wealth Management LLC raised its position in shares of iShares U.S. Financials ETF (NYSEARCA:IYF – Free Report) by 545.2% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 1,762,552 shares of the company’s stock after purchasing an additional 1,489,376 shares during the quarter. iShares U.S. Financials ETF accounts for about 2.2% of Dynasty Wealth Management LLC’s investment portfolio, making the stock its 15th largest position. Dynasty Wealth Management LLC owned approximately 5.33% of iShares U.S. Financials ETF worth $227,246,000 at the end of the most recent reporting period.

Several other large investors have also added to or reduced their stakes in the company. Somerset Group LLC lifted its holdings in iShares U.S. Financials ETF by 0.3% during the third quarter. Somerset Group LLC now owns 24,836 shares of the company’s stock valued at $3,145,000 after purchasing an additional 82 shares in the last quarter. Lpwm LLC lifted its holdings in iShares U.S. Financials ETF by 1.8% during the fourth quarter. Lpwm LLC now owns 4,871 shares of the company’s stock valued at $628,000 after purchasing an additional 86 shares in the last quarter. SeaCrest Wealth Management LLC lifted its holdings in iShares U.S. Financials ETF by 3.9% during the third quarter. SeaCrest Wealth Management LLC now owns 2,399 shares of the company’s stock valued at $300,000 after purchasing an additional 90 shares in the last quarter. J.W. Cole Advisors Inc. lifted its holdings in iShares U.S. Financials ETF by 0.6% during the third quarter. J.W. Cole Advisors Inc. now owns 16,692 shares of the company’s stock valued at $2,114,000 after purchasing an additional 93 shares in the last quarter. Finally, Root Financial Partners LLC lifted its holdings in shares of iShares U.S. Financials ETF by 19.4% in the fourth quarter. Root Financial Partners LLC now owns 597 shares of the company’s stock worth $77,000 after buying an additional 97 shares in the last quarter.

iShares U.S. Financials ETF Stock Performance

Shares of NYSEARCA:IYF opened at $123.02 on Wednesday. The firm has a fifty day moving average price of $121.79 and a 200 day moving average price of $124.45. iShares U.S. Financials ETF has a fifty-two week low of $113.62 and a fifty-two week high of $133.54. The firm has a market cap of $3.37 billion, a price-to-earnings ratio of 16.42 and a beta of 0.92.

About iShares U.S. Financials ETF

(Free Report)

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. The Company invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.

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