Kesler Norman & Wride LLC Sells 5,110 Shares of iShares U.S. Financials ETF $IYF

Kesler Norman & Wride LLC trimmed its position in iShares U.S. Financials ETF (NYSEARCA:IYF) by 50.4% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 5,019 shares of the company’s stock after selling 5,110 shares during the quarter. Kesler Norman & Wride LLC’s holdings in iShares U.S. Financials ETF were worth $647,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Somerset Group LLC increased its position in iShares U.S. Financials ETF by 0.3% in the third quarter. Somerset Group LLC now owns 24,836 shares of the company’s stock worth $3,145,000 after purchasing an additional 82 shares during the period. Lpwm LLC increased its position in iShares U.S. Financials ETF by 1.8% in the fourth quarter. Lpwm LLC now owns 4,871 shares of the company’s stock worth $628,000 after purchasing an additional 86 shares during the period. SeaCrest Wealth Management LLC increased its position in iShares U.S. Financials ETF by 3.9% in the third quarter. SeaCrest Wealth Management LLC now owns 2,399 shares of the company’s stock worth $300,000 after purchasing an additional 90 shares during the period. J.W. Cole Advisors Inc. increased its position in iShares U.S. Financials ETF by 0.6% in the third quarter. J.W. Cole Advisors Inc. now owns 16,692 shares of the company’s stock worth $2,114,000 after purchasing an additional 93 shares during the period. Finally, Root Financial Partners LLC increased its position in iShares U.S. Financials ETF by 19.4% in the fourth quarter. Root Financial Partners LLC now owns 597 shares of the company’s stock worth $77,000 after purchasing an additional 97 shares during the period.

iShares U.S. Financials ETF Stock Down 1.1%

Shares of IYF stock opened at $121.63 on Thursday. The stock has a 50-day moving average price of $122.02 and a 200 day moving average price of $124.40. The firm has a market cap of $3.33 billion, a price-to-earnings ratio of 16.42 and a beta of 0.92. iShares U.S. Financials ETF has a 12 month low of $113.62 and a 12 month high of $133.54.

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. The Company invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.