Central Valley Advisors LLC reduced its position in shares of iShares U.S. Financials ETF (NYSEARCA:IYF – Free Report) by 13.5% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 6,374 shares of the company’s stock after selling 993 shares during the period. Central Valley Advisors LLC’s holdings in iShares U.S. Financials ETF were worth $705,000 at the end of the most recent reporting period.
A number of other institutional investors and hedge funds have also recently modified their holdings of IYF. Atria Investments Inc lifted its holdings in iShares U.S. Financials ETF by 3.7% during the 3rd quarter. Atria Investments Inc now owns 7,288 shares of the company’s stock worth $757,000 after buying an additional 261 shares during the last quarter. Ironwood Wealth Management LLC. raised its position in shares of iShares U.S. Financials ETF by 4.9% during the 2nd quarter. Ironwood Wealth Management LLC. now owns 5,936 shares of the company’s stock worth $561,000 after acquiring an additional 279 shares in the last quarter. Retirement Planning Group LLC lifted its stake in iShares U.S. Financials ETF by 13.3% during the third quarter. Retirement Planning Group LLC now owns 2,961 shares of the company’s stock worth $308,000 after purchasing an additional 348 shares during the last quarter. The Manufacturers Life Insurance Company purchased a new stake in iShares U.S. Financials ETF during the second quarter worth approximately $56,608,000. Finally, International Assets Investment Management LLC boosted its holdings in iShares U.S. Financials ETF by 10,290.9% in the third quarter. International Assets Investment Management LLC now owns 100,584 shares of the company’s stock valued at $10,451,000 after purchasing an additional 99,616 shares in the last quarter.
iShares U.S. Financials ETF Trading Up 0.9 %
IYF stock opened at $114.82 on Friday. The stock has a market cap of $3.19 billion, a P/E ratio of 16.14 and a beta of 0.84. iShares U.S. Financials ETF has a twelve month low of $83.28 and a twelve month high of $119.90. The company’s 50 day moving average is $113.78 and its two-hundred day moving average is $106.27.
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.
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