iShares U.S. Financials ETF $IYF Shares Sold by MinichMacGregor Wealth Management LLC

MinichMacGregor Wealth Management LLC reduced its holdings in iShares U.S. Financials ETF (NYSEARCA:IYF) by 98.0% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,632 shares of the company’s stock after selling 126,524 shares during the period. MinichMacGregor Wealth Management LLC’s holdings in iShares U.S. Financials ETF were worth $310,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Centerline Wealth Advisors LLC acquired a new stake in shares of iShares U.S. Financials ETF in the fourth quarter valued at approximately $5,353,000. Cyndeo Wealth Partners LLC boosted its stake in iShares U.S. Financials ETF by 149.5% during the fourth quarter. Cyndeo Wealth Partners LLC now owns 17,451 shares of the company’s stock worth $2,250,000 after buying an additional 10,456 shares during the last quarter. Brendel Financial Advisors LLC acquired a new position in iShares U.S. Financials ETF during the fourth quarter worth $913,000. Pinkerton Wealth LLC grew its holdings in iShares U.S. Financials ETF by 5.8% in the 3rd quarter. Pinkerton Wealth LLC now owns 299,584 shares of the company’s stock valued at $37,939,000 after buying an additional 16,549 shares in the last quarter. Finally, Northwestern Mutual Wealth Management Co. grew its holdings in iShares U.S. Financials ETF by 488.4% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 3,913,622 shares of the company’s stock valued at $504,583,000 after buying an additional 3,248,510 shares in the last quarter.

iShares U.S. Financials ETF Stock Down 0.7%

Shares of IYF opened at $128.19 on Thursday. iShares U.S. Financials ETF has a 52-week low of $113.62 and a 52-week high of $133.54. The stock has a fifty day simple moving average of $124.51 and a two-hundred day simple moving average of $124.75. The company has a market capitalization of $3.51 billion, a PE ratio of 16.42 and a beta of 0.91.

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.