Stephens Inc. AR Sells 144 Shares of iShares U.S. Financials ETF $IYF

Stephens Inc. AR decreased its holdings in iShares U.S. Financials ETF (NYSEARCA:IYF) by 1.6% in the second quarter, Holdings Channel reports. The fund owned 9,008 shares of the company’s stock after selling 144 shares during the quarter. Stephens Inc. AR’s holdings in iShares U.S. Financials ETF were worth $1,090,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in IYF. Park Square Financial Group LLC bought a new position in shares of iShares U.S. Financials ETF in the 1st quarter valued at about $34,000. Trust Co. of Vermont bought a new position in shares of iShares U.S. Financials ETF in the 1st quarter valued at about $35,000. Golden State Wealth Management LLC lifted its holdings in shares of iShares U.S. Financials ETF by 69.0% in the 1st quarter. Golden State Wealth Management LLC now owns 311 shares of the company’s stock valued at $35,000 after acquiring an additional 127 shares during the last quarter. Rise Advisors LLC lifted its holdings in shares of iShares U.S. Financials ETF by 60.4% in the 2nd quarter. Rise Advisors LLC now owns 364 shares of the company’s stock valued at $44,000 after acquiring an additional 137 shares during the last quarter. Finally, Stonebridge Financial Group LLC lifted its holdings in shares of iShares U.S. Financials ETF by 50.7% in the 1st quarter. Stonebridge Financial Group LLC now owns 508 shares of the company’s stock valued at $57,000 after acquiring an additional 171 shares during the last quarter.

iShares U.S. Financials ETF Price Performance

iShares U.S. Financials ETF stock opened at $121.97 on Friday. iShares U.S. Financials ETF has a 1-year low of $95.34 and a 1-year high of $128.07. The firm has a market capitalization of $4.06 billion, a P/E ratio of 16.42 and a beta of 1.03. The company’s 50-day moving average is $124.72 and its 200 day moving average is $119.04.

About iShares U.S. Financials ETF

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.