Keeley Teton Advisors LLC Trims Stock Position in iShares U.S. Financials ETF $IYF

Keeley Teton Advisors LLC lessened its stake in shares of iShares U.S. Financials ETF (NYSEARCA:IYF) by 22.8% in the 1st quarter, according to its most recent disclosure with the SEC. The institutional investor owned 4,985 shares of the company’s stock after selling 1,475 shares during the period. Keeley Teton Advisors LLC’s holdings in iShares U.S. Financials ETF were worth $563,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently bought and sold shares of the company. PGIM Custom Harvest LLC raised its position in iShares U.S. Financials ETF by 27.0% during the 1st quarter. PGIM Custom Harvest LLC now owns 648,435 shares of the company’s stock valued at $73,176,000 after purchasing an additional 137,864 shares in the last quarter. Prostatis Group LLC purchased a new position in shares of iShares U.S. Financials ETF during the fourth quarter valued at $7,905,000. Ameriprise Financial Inc. raised its holdings in shares of iShares U.S. Financials ETF by 78.9% in the fourth quarter. Ameriprise Financial Inc. now owns 156,988 shares of the company’s stock valued at $17,358,000 after acquiring an additional 69,259 shares in the last quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main raised its holdings in shares of iShares U.S. Financials ETF by 3,521.9% in the fourth quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main now owns 67,404 shares of the company’s stock valued at $7,454,000 after acquiring an additional 65,543 shares in the last quarter. Finally, LPL Financial LLC lifted its stake in iShares U.S. Financials ETF by 9.5% in the first quarter. LPL Financial LLC now owns 742,926 shares of the company’s stock worth $83,839,000 after acquiring an additional 64,448 shares during the period.

iShares U.S. Financials ETF Stock Performance

NYSEARCA IYF opened at $125.44 on Thursday. The company has a market capitalization of $4.30 billion, a price-to-earnings ratio of 16.42 and a beta of 1.03. The company’s 50-day simple moving average is $121.82 and its two-hundred day simple moving average is $115.77. iShares U.S. Financials ETF has a one year low of $95.34 and a one year high of $125.92.

About iShares U.S. Financials ETF

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.