IYF - iShares US Financials ETF
| Previous Close | 117.64 |
| Open | 117.82 |
| Bid | 118.33 x 300 |
| Ask | 118.36 x 200 |
| Day's Range | 117.51 - 118.54 |
| 52 Week Range | 101.53 - 126.54 |
| Volume | 49,677 |
| Avg. Volume | 401,191 |
| Net Assets | 2.25B |
| NAV | 117.75 |
| PE Ratio (TTM) | N/A |
| Yield | 1.52% |
| YTD Return | -1.01% |
| Beta (3y) | 0.89 |
| Expense Ratio (net) | 0.44% |
| Inception Date | 2000-05-22 |
- InvestorPlace•2 days ago
7 Sector ETFs to Own Now
I saw an article about sector exchange-traded funds recently. While the author was talking about the 11 different S&P 500 sectors and how you can trade each of them using State Street SPDRs, it got me wondering about all the other sector ETFs to own in the marketplace.
- Market Realist•2 days ago
Berkshire’s Valuations Are at a Premium despite Market Rout
Berkshire Hathaway (BRK.B) stock has fallen ~6.8% in the last month, and it’s risen 16.9% in the past year. In comparison, the S&P 500 Index (SPY) has fallen 5.5% over the last month and risen 10.9% over the last year.
- Zacks•7 days ago
Will Bank ETFs Sizzle on Fed & Trump Influenced Q1 Earnings?
Fundamentals are strong for bank ETFs as they are likely to witness the first earnings season of 2018.
- Market Realist•7 days ago
How Berkshire’s Insurance Can Garner Growth in 1Q18
The insurance sector (IYF) has seen underwriting losses in 2H17 mainly due to higher claims resulting from hurricanes and other calamities. This has led to higher insurance revenues for many companies, including Berkshire Hathaway (BRK.B). Underwriting losses will largely depend upon claims arising in the upcoming quarters.
- Market Realist•7 days ago
What to Expect from Berkshire Hathaway’s 1Q18 Earnings
In 1Q18, Berkshire Hathaway (BRK.B) is expected to post EPS (earnings per share) of $3,115, a rise of 44% on a YoY (year-over-year) basis aided by lower taxes, targeted efficiencies in BNSF, and an expected decline in claims from its insurance business. Berkshire is expected to see a 9.9% fall in its top line to $58.7 billion in 1Q18 due to subdued growth in underwriting fees and the services sector. In 4Q17, Berkshire posted EPS of $2,029, which were affected by underwriting losses and the subdued performance of its energy subsidiary.
Market Realist•14 days agoHow Banks Could Perform in 1Q18: Rates and Trade Wars
Wells Fargo's Headwinds in 1Q18
- Market Realist•14 days ago
Could Wells Fargo Expand Its Repurchase Program in 2018?
Wells Fargo's Headwinds in 1Q18
Market Realist•15 days agoTrade Wars and Tax Cuts Affect Wells Fargo in 2018
The Trump administration appears to have initiated trade wars with China, Canada, and other countries in order to counter rising imports and encourage domestic manufacturing. The administration’s efforts to lower taxes, meaning fewer regulations for mid- and small-size financial companies, are directed toward reducing the fiscal deficit by encouraging domestic manufacturing and exports. The bank could benefit by improving its credit offtake amid demand from the manufacturing sector for capacity augmentation.
Market Realist•16 days agoWhy Rate Hikes Help Maintain Wells Fargo’s Interest Spreads
Wells Fargo's Headwinds in 1Q18
- ETF Trends•23 days ago
U.S. Sector ETFs for a Rising Rate Environment
Investors who are overweight U.S. equity market exposure may want to consider a sector rotation strategy that favors financials and technology sector ETFs in the rising interest rate environment ahead. ...
- Zacks•29 days ago
4 Top Ranked Financials ETFs for Your Portfolio
Financial sector ETFs have been gathering steam owing to the deregulation bill and rate hikes.
- ETF Trends•last month
8 Financial ETFs to Chase After Bank Deregulation
The Senate recently passed a bill to loosen some of the more draconian regulatory restrictions placed on banks in response to a post-financial downturn environment, potentially giving financial stocks ...
Market Realist•last monthImproving Operating Leverage Is Key for Bank of America in 2018
Bank of America's Technology and Global Penetration in 2018
Market Realist•last monthThe Fed’s Hawkish Policy: Impact on Bank of America and Sector
Bank of America's Technology and Global Penetration in 2018
- Market Realist•2 months ago
What’s Next for US Banks after the Market Rout?
US Banking Stocks: Opportunity amid Weak Markets and RatesBanks on either side of rates
Market Realist•2 months agoTax Cut: Boon or Bane for Goldman Sachs in 2018?
Goldman Sachs in 2018: Tax Cut, Interest Rates, Trading ActivityUS tax reform and its dual effects
Market Realist•2 months agoHow Citigroup Aims to Boost Return on Capital
Overall, the industry has faced criticism of lower payouts, largely due to select banks’ stress-test failure in recent years. Citigroup (C) has been rewarding investors with dividends and repurchases as its profitability and margins have improved.
Market Realist•2 months agoHow Citigroup Is Managing Its Costs of Credit and Expenses
Citigroup Positions for Global Growth in 1H18
Market Realist•2 months agoCitigroup Commands Higher Share in International Banking
Citigroup Positions for Global Growth in 1H18
Market Realist•2 months agoWhat to Expect of US Banks’ Earnings in 1H18
Banks (IYF) enjoyed a strong run in 2016 and 2017 helped by higher rates driving NIMs (net interest margins), expansion of asset management activity, higher inflows, strategic transaction advisory, and trading activity. EPS growth of 8% in 1Q18 can be helped by lower operating losses, higher net interest margins, and an expected pickup in credit offtake.
- Market Realist•2 months ago
Wells Fargo on Buyback Spree to Improve RoE in 2018
Wells Fargo’s Performance beyond Litigation and Credit Offtake
Market Realist•2 months agoWells Fargo’s Litigation Costs Impacting Efficiency and Profits
Wells Fargo (WFC) has seen its expenses rise in recent quarters on litigation accruals due to mortgage regulatory investigations, account sales practices, and other matters related to retail and corporate clients. Other banks (IYF) including Goldman Sachs (GS), JPMorgan Chase (JPM), and Bank of America (BAC) saw their spending rise in 4Q17 primarily due to higher compensation. Wells Fargo’s 4Q17 non-interest expense of $16.8 billion included operating losses of $3.5 billion, up from $1.3 billion in 3Q17.
- Zacks•2 months ago
Financials and Dow Jones: 2 ETFs to Watch on Outsized Volume
IYF and DIA saw massive trading volume in Thursday's trading session.
- Market Realist•2 months ago
How Wells Fargo and Its Peers Could Perform after the Tax Cut
Wells Fargo’s Performance beyond Litigation and Credit Offtake
Market Realist•2 months agoRate Hikes Can Decelerate amid Weaker Broad Markets
The era of rate hikes since December 2015 has proven to be beneficial for commercial banks (IYF). Net interest margins have risen due to a difference between the cost of funds raised and money that was loaned. As rates steepen—with the federal funds rate at 1.5% and the Federal Reserve hinting at another three or four rate hikes in 2018—credit offtake can slow amid lower tax rates.
