AFT Forsyth & Company Inc. Sells 559 Shares of iShares U.S. Financials ETF (NYSEARCA:IYF)

AFT Forsyth & Company Inc. trimmed its holdings in iShares U.S. Financials ETF (NYSEARCA:IYF) by 3.3% in the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 16,513 shares of the company’s stock after selling 559 shares during the quarter. iShares U.S. Financials ETF accounts for about 0.9% of AFT Forsyth & Company Inc.’s holdings, making the stock its 28th biggest holding. AFT Forsyth & Company Inc.’s holdings in iShares U.S. Financials ETF were worth $1,826,000 at the end of the most recent quarter.

A number of other institutional investors also recently made changes to their positions in IYF. Newbridge Financial Services Group Inc. purchased a new position in iShares U.S. Financials ETF in the 4th quarter worth $37,000. Stonebridge Financial Group LLC purchased a new position in shares of iShares U.S. Financials ETF in the fourth quarter worth about $37,000. Capital Performance Advisors LLP purchased a new position in shares of iShares U.S. Financials ETF in the third quarter worth about $41,000. Arlington Trust Co LLC bought a new stake in shares of iShares U.S. Financials ETF in the 4th quarter valued at about $41,000. Finally, Financial Life Planners purchased a new stake in iShares U.S. Financials ETF during the 4th quarter valued at about $42,000.

iShares U.S. Financials ETF Price Performance

Shares of iShares U.S. Financials ETF stock opened at $117.31 on Thursday. iShares U.S. Financials ETF has a one year low of $86.24 and a one year high of $119.90. The business’s 50 day simple moving average is $114.16 and its two-hundred day simple moving average is $108.92. The stock has a market capitalization of $3.26 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.