Jaffetilchin Investment Partners LLC Invests $204,000 in iShares US Financials ETF (IYF)

Jaffetilchin Investment Partners LLC acquired a new stake in iShares US Financials ETF (NYSEARCA:IYF) in the third quarter, HoldingsChannel.com reports. The fund acquired 1,678 shares of the company’s stock, valued at approximately $204,000.

Several other institutional investors and hedge funds have also recently made changes to their positions in the company. PNC Financial Services Group Inc. grew its position in shares of iShares US Financials ETF by 2.0% in the 1st quarter. PNC Financial Services Group Inc. now owns 26,525 shares of the company’s stock valued at $3,126,000 after acquiring an additional 529 shares during the period. CIBC World Markets Inc. grew its position in shares of iShares US Financials ETF by 18.9% in the 2nd quarter. CIBC World Markets Inc. now owns 3,364 shares of the company’s stock valued at $394,000 after acquiring an additional 534 shares during the period. Risk Paradigm Group LLC grew its position in shares of iShares US Financials ETF by 14.8% in the 2nd quarter. Risk Paradigm Group LLC now owns 4,593 shares of the company’s stock valued at $538,000 after acquiring an additional 592 shares during the period. Clearwater Capital Advisors LLC grew its position in shares of iShares US Financials ETF by 4.5% in the 2nd quarter. Clearwater Capital Advisors LLC now owns 14,539 shares of the company’s stock valued at $1,704,000 after acquiring an additional 625 shares during the period. Finally, IHT Wealth Management LLC grew its position in shares of iShares US Financials ETF by 14.5% in the 1st quarter. IHT Wealth Management LLC now owns 5,204 shares of the company’s stock valued at $601,000 after acquiring an additional 658 shares during the period.

Shares of IYF opened at $121.53 on Monday. iShares US Financials ETF has a one year low of $112.96 and a one year high of $126.54.

The business also recently announced a quarterly dividend, which was paid on Tuesday, October 2nd. Stockholders of record on Thursday, September 27th were paid a dividend of $0.5155 per share. This represents a $2.06 dividend on an annualized basis and a dividend yield of 1.70%. The ex-dividend date was Wednesday, September 26th.

iShares US 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.

Further Reading: Asset Allocation

Want to see what other hedge funds are holding IYF? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares US Financials ETF (NYSEARCA:IYF).

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

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