Raymond James Trust N.A. Decreases Stock Position in iShares U.S. Financials ETF (NYSEARCA:IYF)

Raymond James Trust N.A. lessened its stake in shares of iShares U.S. Financials ETF (NYSEARCA:IYF) by 12.6% in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 3,116 shares of the company’s stock after selling 450 shares during the period. Raymond James Trust N.A.’s holdings in iShares U.S. Financials ETF were worth $324,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also recently made changes to their positions in IYF. B. Riley Wealth Advisors Inc. grew its holdings in shares of iShares U.S. Financials ETF by 5.2% in the first quarter. B. Riley Wealth Advisors Inc. now owns 7,798 shares of the company’s stock valued at $746,000 after purchasing an additional 384 shares in the last quarter. Comerica Bank grew its stake in shares of iShares U.S. Financials ETF by 7.4% in the 1st quarter. Comerica Bank now owns 9,485 shares of the company’s stock worth $907,000 after buying an additional 652 shares in the last quarter. LRI Investments LLC purchased a new stake in shares of iShares U.S. Financials ETF during the 1st quarter valued at about $108,000. Cetera Investment Advisers raised its position in shares of iShares U.S. Financials ETF by 1,043.8% during the 1st quarter. Cetera Investment Advisers now owns 124,382 shares of the company’s stock valued at $11,897,000 after buying an additional 113,508 shares in the last quarter. Finally, Cetera Advisors LLC lifted its holdings in shares of iShares U.S. Financials ETF by 201.1% in the 1st quarter. Cetera Advisors LLC now owns 15,762 shares of the company’s stock valued at $1,508,000 after acquiring an additional 10,528 shares during the last quarter.

iShares U.S. Financials ETF Price Performance

Shares of NYSEARCA IYF opened at $118.97 on Thursday. iShares U.S. Financials ETF has a 1-year low of $79.04 and a 1-year high of $119.90. The business’s 50 day moving average is $109.14 and its two-hundred day moving average is $101.77. The stock has a market capitalization of $3.30 billion, a P/E ratio of 16.14 and a beta of 0.84.

iShares U.S. Financials ETF Company 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.