Truist Financial Corp Has $877,000 Holdings in iShares U.S. Financials ETF (NYSEARCA:IYF)

Truist Financial Corp lessened its holdings in shares of iShares U.S. Financials ETF (NYSEARCA:IYF – Get Rating) by 76.1% during the third quarter, Holdings Channel.com reports. The firm owned 12,978 shares of the company’s stock after selling 41,429 shares during the quarter. Truist Financial Corp’s holdings in iShares U.S. Financials ETF were worth $877,000 at the end of the most recent quarter.

A number of other hedge funds also recently modified their holdings of the business. Oppenheimer & Co. Inc. lifted its holdings in shares of iShares U.S. Financials ETF by 4.5% during the second quarter. Oppenheimer & Co. Inc. now owns 3,361 shares of the company’s stock worth $235,000 after purchasing an additional 145 shares during the period. NorthRock Partners LLC lifted its holdings in iShares U.S. Financials ETF by 3.9% in the second quarter. NorthRock Partners LLC now owns 4,101 shares of the company’s stock valued at $287,000 after buying an additional 153 shares during the period. Adirondack Trust Co. lifted its holdings in iShares U.S. Financials ETF by 56.7% in the third quarter. Adirondack Trust Co. now owns 470 shares of the company’s stock valued at $32,000 after buying an additional 170 shares during the period. Garrison Point Advisors LLC lifted its holdings in iShares U.S. Financials ETF by 2.7% in the third quarter. Garrison Point Advisors LLC now owns 7,286 shares of the company’s stock valued at $492,000 after buying an additional 191 shares during the period. Finally, Geneos Wealth Management Inc. lifted its holdings in iShares U.S. Financials ETF by 0.8% in the first quarter. Geneos Wealth Management Inc. now owns 33,421 shares of the company’s stock valued at $2,825,000 after buying an additional 250 shares during the period.

iShares U.S. Financials ETF Stock Performance

IYF stock opened at $78.36 on Friday. iShares U.S. Financials ETF has a 12-month low of $66.04 and a 12-month high of $91.06. The company’s fifty day simple moving average is $77.29 and its 200 day simple moving average is $74.73.

iShares U.S. Financials ETF Profile

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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.