Townsquare Capital LLC Has $8.74 Million Holdings in iShares U.S. Financials ETF (NYSEARCA:IYF)

Townsquare Capital LLC grew its stake in iShares U.S. Financials ETF (NYSEARCA:IYF) by 4.7% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 84,146 shares of the company’s stock after buying an additional 3,752 shares during the quarter. Townsquare Capital LLC’s holdings in iShares U.S. Financials ETF were worth $8,743,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in the stock. Bogart Wealth LLC boosted its holdings in shares of iShares U.S. Financials ETF by 34.2% in the third quarter. Bogart Wealth LLC now owns 416 shares of the company’s stock valued at $43,000 after buying an additional 106 shares during the period. Somerset Group LLC boosted its holdings in shares of iShares U.S. Financials ETF by 0.5% in the second quarter. Somerset Group LLC now owns 22,995 shares of the company’s stock valued at $2,175,000 after buying an additional 114 shares during the period. Larson Financial Group LLC boosted its holdings in shares of iShares U.S. Financials ETF by 5.0% in the second quarter. Larson Financial Group LLC now owns 2,623 shares of the company’s stock valued at $248,000 after buying an additional 124 shares during the period. Concourse Financial Group Securities Inc. boosted its holdings in shares of iShares U.S. Financials ETF by 26.5% in the third quarter. Concourse Financial Group Securities Inc. now owns 879 shares of the company’s stock valued at $91,000 after buying an additional 184 shares during the period. Finally, HCR Wealth Advisors boosted its holdings in shares of iShares U.S. Financials ETF by 5.0% in the third quarter. HCR Wealth Advisors now owns 4,124 shares of the company’s stock valued at $429,000 after buying an additional 195 shares during the period.

iShares U.S. Financials ETF Stock Up 0.2 %

Shares of IYF stock opened at $118.97 on Thursday. The company’s fifty day simple moving average is $109.14 and its 200-day simple moving average is $101.77. The firm has a market cap of $3.30 billion, a PE ratio of 16.14 and a beta of 0.84. iShares U.S. Financials ETF has a 12 month low of $79.04 and a 12 month high of $119.90.

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.