iShares U.S. Financials ETF $IYF Position Trimmed by RPS Advisory Solutions LLC

RPS Advisory Solutions LLC lessened its holdings in shares of iShares U.S. Financials ETF (NYSEARCA:IYF) by 97.6% during the 4th quarter, HoldingsChannel reports. The fund owned 1,613 shares of the company’s stock after selling 66,298 shares during the period. RPS Advisory Solutions LLC’s holdings in iShares U.S. Financials ETF were worth $208,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Dynasty Wealth Management LLC purchased a new position in iShares U.S. Financials ETF during the 3rd quarter valued at about $34,595,000. Centerline Wealth Advisors LLC bought a new stake in shares of iShares U.S. Financials ETF in the 4th quarter valued at approximately $5,353,000. Cyndeo Wealth Partners LLC grew its stake in shares of iShares U.S. Financials ETF by 149.5% in the 4th quarter. Cyndeo Wealth Partners LLC now owns 17,451 shares of the company’s stock valued at $2,250,000 after buying an additional 10,456 shares in the last quarter. Allstate Corp grew its stake in shares of iShares U.S. Financials ETF by 662.7% in the 3rd quarter. Allstate Corp now owns 17,543 shares of the company’s stock valued at $2,222,000 after buying an additional 15,243 shares in the last quarter. Finally, Thrivent Financial for Lutherans grew its stake in shares of iShares U.S. Financials ETF by 21.4% in the 3rd quarter. Thrivent Financial for Lutherans now owns 136,387 shares of the company’s stock valued at $17,272,000 after buying an additional 24,023 shares in the last quarter.

iShares U.S. Financials ETF Stock Performance

Shares of NYSEARCA IYF opened at $121.52 on Wednesday. The stock has a market cap of $3.33 billion, a price-to-earnings ratio of 16.42 and a beta of 0.92. The business has a 50 day simple moving average of $120.75 and a 200 day simple moving average of $124.46. iShares U.S. Financials ETF has a 52 week low of $113.12 and a 52 week high of $133.54.

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