Wintrust Investments LLC purchased a new position in shares of iShares US Financials ETF (NYSEARCA:IYF) in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The fund purchased 3,285 shares of the company’s stock, valued at approximately $413,000.

A number of other institutional investors also recently added to or reduced their stakes in the stock. Bank of New York Mellon Corp grew its holdings in iShares US Financials ETF by 60.2% during the fourth quarter. Bank of New York Mellon Corp now owns 14,473 shares of the company’s stock valued at $1,540,000 after purchasing an additional 5,439 shares during the last quarter. Northern Trust Corp grew its holdings in iShares US Financials ETF by 8.5% during the fourth quarter. Northern Trust Corp now owns 2,988 shares of the company’s stock valued at $318,000 after purchasing an additional 235 shares during the last quarter. CWM LLC grew its holdings in iShares US Financials ETF by 458.9% during the first quarter. CWM LLC now owns 2,068 shares of the company’s stock valued at $244,000 after purchasing an additional 1,698 shares during the last quarter. Oppenheimer & Co. Inc. grew its holdings in iShares US Financials ETF by 30.4% during the first quarter. Oppenheimer & Co. Inc. now owns 4,831 shares of the company’s stock valued at $571,000 after purchasing an additional 1,125 shares during the last quarter. Finally, FTB Advisors Inc. grew its holdings in iShares US Financials ETF by 280.3% during the first quarter. FTB Advisors Inc. now owns 270 shares of the company’s stock valued at $31,000 after purchasing an additional 199 shares during the last quarter.

IYF stock traded up $0.81 during midday trading on Thursday, hitting $125.31. 5,853 shares of the company traded hands, compared to its average volume of 247,581. iShares US Financials ETF has a twelve month low of $99.30 and a twelve month high of $130.15. The business has a 50 day simple moving average of $126.88 and a 200-day simple moving average of $122.82.

About iShares US Financials ETF

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.

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

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