IYF - iShares US Financials ETF
| Previous Close | 123.02 |
| Open | 122.71 |
| Bid | 0.00 x 1000 |
| Ask | 0.00 x 1300 |
| Day's Range | 122.71 - 123.61 |
| 52 Week Range | 105.78 - 126.54 |
| Volume | 89,270 |
| Avg. Volume | 249,331 |
| Net Assets | 1.91B |
| NAV | 121.77 |
| PE Ratio (TTM) | N/A |
| Yield | 1.57% |
| YTD Return | 2.79% |
| Beta (3y) | 0.93 |
| Expense Ratio (net) | 0.43% |
| Inception Date | 2000-05-22 |
- ETF Trends•16 days ago
12 U.S. Sector ETFs to Play in Case of an Escalating Trade War
If the U.S. is stuck in an escalating trade war, stocks and sector-related ETFs with the highest domestic sales exposure in the U.S. should begin to stand out. “If trade tensions continue to rise and new ...
Market Realist•17 days agoVisa Has a Premium Valuation after Its Fiscal Q3 2018 Results
Visa’s (V) PE ratio is 27.30x on a next-12-month basis, which represents a premium valuation, as the industry has an average of 17.16x. In the fiscal third quarter, Visa witnessed strong momentum in payment volumes as well as in contactless transactions globally. Transport operators have been the primary drivers of the favorable response to contactless payments.
Market Realist•18 days agoWhat Fueled Visa’s Payment Volumes in Fiscal Q3 2018?
In the third quarter, Visa (V) witnessed a rise in payment volumes from the United States on a sequential basis from 10.1% to 10.5%.
Market Realist•18 days agoHow Analysts Rate Mastercard
Analysts’ rating on Mastercard (MA) improved in July compared to June. In July 2018, Mastercard was covered by 40 analysts. 18 of these analysts have given the stock a “strong buy,” 19 recommended a “buy,” and three analysts rated the stock a “hold.”
Market Realist•18 days agoUnderstanding Visa’s Take on Contactless Payments
Visa (V) has been making efforts to increase the use of contactless payments in the United States after experiencing a positive response from Australia as well as the United Kingdom. The company’s management expects that initially, it will take time to expand the use of contactless payments, but later on, growth will increase rapidly. Visa’s management is confident that the initial growth in contactless payments in the United States could be slow, but later on, this growth could witness strong momentum.
Market Realist•18 days agoMastercard Has Premium Valuations after Strong Q2 2018 Results
Mastercard (MA) has a price-to-earnings ratio of 28.04x on an NTM (next-12-month) basis compared to the peer average of 15.95x. Mastercard’s management had positive views on the US economy, as consumer confidence and strong jobs growth supported economic growth in the second quarter.
Market Realist•18 days agoUnderstanding Visa’s Views on Europe and India
Visa (V) posted total payment volumes amounting to $2.1 trillion in its fiscal third quarter thanks to its strong momentum in credit transactions and growth across regions. Of its total payment volumes in the quarter, $428 billion came from the European region, implying a YoY (year-over-year) rise of 8.7% on a constant-dollar basis. Europe, being a cash-driven economy, offers significant opportunities for giant payment processors (IYF) such as Visa and Mastercard (MA).
Market Realist•18 days agoHow Mastercard’s Gross Dollar Volumes and Net Revenues Trended
In the second quarter, Mastercard (MA) witnessed total gross dollar volumes (or GDV) of $1.5 trillion. Excluding the United States, the company’s GDV witnessed YoY growth of 16% mainly on the back of Asia-Pacific as well as Europe. The GDV from Europe in the second quarter was $433 billion compared to $356 billion in Q2 2017.
Market Realist•20 days agoFintech Startups Grabbed a Larger Share of US Personal Loans
According to TransUnion data, US personal loans outstanding grew from ~$71.9 billion a decade ago to ~$120 billion as of March. Personal loans, which aren’t collateralized by an asset, have been availed by ~17 million Americans. Financial technology startup shares like Lending Club, Prosper, and Avant increased from 0.90% in 2010 to 36.2% in 2017. At the same time, bank shares (VFH) (XLF) (IYF) declined from 34.1% to 26.4%.
- Market Realist•23 days ago
Discover Financial’s Q2 2018: Total Loans Grew 9% Year-over-Year
On July 26, Discover Financial Services (DFS) released its earnings report for the second quarter. The strong economic environment, fueled by the jobs growth, is the primary factor that led to a rise in Discover Financial’s credit card loans on a sequential basis. At the end of the second quarter, Discover Financial had total credit card loans of $67.8 billion.
Market Realist•24 days agoMastercard’s Strong Q2 2018 Results and Impressive Growth
Mastercard (MA) released its second-quarter earnings report today. Its EPS came in at $1.66, compared to analysts’ forecast $1.53. The second-quarter EPS also reflect 48% year-over-year or YoY growth on a currency-neutral basis. The company’s competitor (IYF) Visa (V) posted EPS of $1.20 in fiscal Q3 2018. Visa posted YoY growth of 11% on a constant-dollar basis in its payments volume to $2.1 trillion.
Market Realist•24 days agoVisa Posts Strong Fiscal Q3 2018 Results: Payments Volume Rose
On July 25, Visa (V) posted its third fiscal quarter results. The company posted an EPS of $1.20, which exceeds Wall Street analysts’ expectations by $0.11. According to the company’s management, the third fiscal quarter results were impacted by the favorable economic environment globally and business fundamentals.
Market Realist•25 days agoBerkshire Is Still Staying Away from Big e-Commerce Businesses
Berkshire Hathaway’s (BRK.B) Services and Retail segment has stakes across flight services, electronics, FMCG (fast-moving consumer goods), retail, automotive, and financial services. However, the company hasn’t built up a stake in the e-Commerce industry in or outside the United States.
Market Realist•26 days agoVisa’s Payments Volumes Could Fuel Its Growth
On July 25, Visa (V) is scheduled to report its results for the third fiscal quarter. Analysts expect Visa to post an EPS of $1.09, which represents 26.7% growth YoY (year-over-year) mainly due to the higher payments volume, elevated spending, the strong economy, and higher fuel-related spending. Visa has been trying to make contactless payments available in the United States.
Market Realist•27 days agoFactors Affecting Analysts’ Ratings on Payment Processing Companies
Spending patterns and global economic trends are the primary factors that impact analysts’ ratings on payment processing companies (IYF). As the second quarter is expected to be beneficial for payment processing companies, Wall Street analysts could improve their ratings after these companies’ second-quarter results. Higher retail loans could help Discover Financial Services (DFS) and Capital One Financial Corporation (COF) in the second quarter in terms of interest income.
- Zacks•last month
Bank ETFs Rise on the Wave of Big Releases
Inside the performance of the financial ETFs in light of big banks' earnings.
- ETF Trends•last month
Earnings Tests Loom for Big Bank ETFs
Second-quarter earnings arrived for big banks in earnest last Friday amid a spate of reports from the financial services sector. Exchange traded funds tracking financial services stocks were tested last ...
InvestorPlace•last monthThe Financial Sector Has Some of the Best Stocks to Invest in Right Now
If not those two specific stocks, a sector-based ETF like the iShares Dow Jones US Technology ETF (NYSEARCA:IYW) could be similarly savvy, risk-adjusted pick. It’s up 14%, as technology stocks have led the way this year in terms of sector-based performance. With that being the case, we’d all be wise to make a point of scooping up stocks from the financial sector.
- Zacks•last month
How Are Financial ETFs Placed Before Q2 Earnings Release?
Though chances of a broad-based earnings beat are low in Q2 per the ESP trend, the outlook seems bright for financial ETFs, the outlook seems bright for financial ETFs.
- ETF Trends•last month
10 Sector ETFs for a Late Market Cycle
As investors move toward the late innings of the economic cycle, it’s worth considering a handful of sector ETFs. Money managers are increasingly growing nervous over an upcoming recession amid higher ...
- ETF Trends•2 months ago
Blockchain Technology Could Shake Up Financial ETFs
Overall, it hasn't been a good year for the financial sector as evidenced by the S&P 500 Financials index down 1.71 percent year-to-date. Things could get more interesting if blockchain technology, the underlying technology that forms the basis of cryptocurrencies, takes off and disrupts or vastly improves the industry. The two bucking the downtrend are SPDR S&P Regional Banking ETF (KRE) --up 7.47% year-to-date and SPDR S&P Bank ETF (KBE) --up 3.28% year-to-date.
- Zacks•3 months ago
Brazil & U.S. Financials: 2 ETFs to Watch on Outsized Volume
EWZ and IYF saw massive volumes in the last trading session.
Market Realist•3 months agoHow Banking Stocks Could Perform in the Second Quarter
Amid rising rates, credit offtake is expected to be subdued for bankers in the second quarter. Market volatility could result in better trading results on a YoY basis. Thus, non-interest income would play a key role in boosting bankers’ operating performance.
- ETF Trends•3 months ago
Financial ETFs Could Be Gaining Momentum
Bank stocks and financial sector exchange traded funds may continue to strengthen as strong fundamentals help support this market segment’s outlook. Year-to-date, the Financial Select Sector SPDR (NYSEArca: ...
- Benzinga•3 months ago
European Bank ETF Could Face Trouble Ahead
The iShares MSCI Europe Financials ETF (NASDAQ: EUFN) is down just over 1 percent year-to-date. While it's not alarming decline by any mean, it's a broad view: a more focused look at EUFN reveals the exchange traded fund resides about 11 percent below the 52-week high it set in February. At the geographic level, EUFN is top-heavy, with the U.K. representing over 30 percent of the fund's roster.
