Ameritas Advisory Services LLC Sells 466 Shares of iShares U.S. Financials ETF $IYF

Ameritas Advisory Services LLC decreased its position in iShares U.S. Financials ETF (NYSEARCA:IYF) by 3.9% in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 11,608 shares of the company’s stock after selling 466 shares during the quarter. Ameritas Advisory Services LLC’s holdings in iShares U.S. Financials ETF were worth $1,404,000 as of its most recent filing with the SEC.

Other large investors also recently added to or reduced their stakes in the company. USA Financial Formulas bought a new stake in iShares U.S. Financials ETF in the second quarter worth $3,576,000. Lee Johnson Capital Management LLC bought a new stake in shares of iShares U.S. Financials ETF during the 2nd quarter worth about $1,728,000. Avior Wealth Management LLC boosted its position in iShares U.S. Financials ETF by 3.4% during the second quarter. Avior Wealth Management LLC now owns 16,776 shares of the company’s stock worth $2,030,000 after purchasing an additional 554 shares during the period. Cadent Capital Advisors LLC bought a new stake in iShares U.S. Financials ETF during the second quarter worth approximately $2,352,000. Finally, Magnus Financial Group LLC boosted its position in iShares U.S. Financials ETF by 1.0% during the second quarter. Magnus Financial Group LLC now owns 197,514 shares of the company’s stock worth $23,897,000 after purchasing an additional 1,980 shares during the period.

iShares U.S. Financials ETF Stock Up 0.8%

Shares of iShares U.S. Financials ETF stock opened at $125.67 on Friday. The stock has a market capitalization of $4.05 billion, a P/E ratio of 16.42 and a beta of 1.03. The stock has a 50 day moving average price of $124.38 and a two-hundred day moving average price of $117.88. iShares U.S. Financials ETF has a 12-month low of $95.34 and a 12-month high of $128.07.

iShares U.S. Financials ETF 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.