CIBC World Markets Inc. Takes $354,000 Position in iShares Dow Jones US Financial (IYF)

CIBC World Markets Inc. purchased a new position in shares of iShares Dow Jones US Financial (NYSEARCA:IYF) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 2,965 shares of the company’s stock, valued at approximately $354,000.

Several other institutional investors and hedge funds have also modified their holdings of IYF. Meridian Wealth Management LLC purchased a new stake in shares of iShares Dow Jones US Financial during the fourth quarter worth approximately $204,000. Flagship Harbor Advisors LLC purchased a new stake in shares of iShares Dow Jones US Financial during the fourth quarter worth approximately $215,000. Patten & Patten Inc. TN increased its stake in shares of iShares Dow Jones US Financial by 0.5% during the fourth quarter. Patten & Patten Inc. TN now owns 97,549 shares of the company’s stock worth $11,650,000 after buying an additional 518 shares during the period. Creative Planning increased its stake in shares of iShares Dow Jones US Financial by 67.4% during the fourth quarter. Creative Planning now owns 9,827 shares of the company’s stock worth $1,174,000 after buying an additional 3,956 shares during the period. Finally, Bank of Montreal Can increased its stake in shares of iShares Dow Jones US Financial by 7.8% during the fourth quarter. Bank of Montreal Can now owns 31,637 shares of the company’s stock worth $3,778,000 after buying an additional 2,281 shares during the period.

Shares of iShares Dow Jones US Financial (NYSEARCA:IYF) opened at $116.69 on Friday. iShares Dow Jones US Financial has a one year low of $101.16 and a one year high of $126.54. The firm has a market cap of $2,180.00 and a P/E ratio of 19.56.

ILLEGAL ACTIVITY WARNING: “CIBC World Markets Inc. Takes $354,000 Position in iShares Dow Jones US Financial (IYF)” was first posted by Community Financial News and is the property of of Community Financial News. If you are viewing this piece of content on another domain, it was illegally copied and republished in violation of US & international copyright laws. The original version of this piece of content can be viewed at https://www.com-unik.info/2018/02/10/cibc-world-markets-inc-takes-354000-position-in-ishares-dow-jones-us-financial-iyf.html.

About iShares Dow Jones US Financial

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.

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

Institutional Ownership by Quarter for iShares Dow Jones US Financial (NYSEARCA:IYF)

Receive News & Ratings for iShares Dow Jones US Financial Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares Dow Jones US Financial and related companies with MarketBeat.com's FREE daily email newsletter.

Comments

Leave a Reply


share news on Facebook
tweet this investment news
share on linkedin
share on StockTwits
share on Google Plus
share on reddit