Jane Street Group LLC Purchases New Stake in iShares US Financials ETF (NYSEARCA:IYF)

Jane Street Group LLC purchased a new position in iShares US Financials ETF (NYSEARCA:IYF) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 34,671 shares of the company’s stock, valued at approximately $3,688,000. Jane Street Group LLC owned about 0.22% of iShares US Financials ETF as of its most recent SEC filing.

Other institutional investors and hedge funds also recently modified their holdings of the company. Bank of New York Mellon Corp increased its holdings in shares of iShares US Financials ETF by 5.2% during the third quarter. Bank of New York Mellon Corp now owns 9,034 shares of the company’s stock worth $1,097,000 after buying an additional 443 shares in the last quarter. BlackRock Inc. increased its holdings in shares of iShares US Financials ETF by 2.6% during the third quarter. BlackRock Inc. now owns 136,403 shares of the company’s stock worth $16,569,000 after buying an additional 3,494 shares in the last quarter. Virtu Financial LLC increased its holdings in shares of iShares US Financials ETF by 816.2% during the third quarter. Virtu Financial LLC now owns 45,250 shares of the company’s stock worth $5,497,000 after buying an additional 40,311 shares in the last quarter. Baird Financial Group Inc. increased its holdings in shares of iShares US Financials ETF by 39.2% in the third quarter. Baird Financial Group Inc. now owns 2,749 shares of the company’s stock valued at $334,000 after purchasing an additional 774 shares in the last quarter. Finally, Proequities Inc. acquired a new stake in shares of iShares US Financials ETF in the third quarter valued at approximately $606,000.

Shares of iShares US Financials ETF stock traded down $0.62 during midday trading on Monday, reaching $122.55. The company had a trading volume of 113,281 shares, compared to its average volume of 358,183. iShares US Financials ETF has a 1-year low of $99.30 and a 1-year high of $126.43.

The business also recently declared a quarterly dividend, which was paid on Tuesday, March 26th. Investors of record on Thursday, March 21st were issued a $0.5742 dividend. The ex-dividend date was Wednesday, March 20th. This represents a $2.30 dividend on an annualized basis and a dividend yield of 1.87%. This is a positive change from iShares US Financials ETF’s previous quarterly dividend of $0.56.

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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.

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

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