Stillwater Capital Advisors LLC Sells 143,218 Shares of iShares U.S. Financials ETF (NYSEARCA:IYF)

Stillwater Capital Advisors LLC reduced its holdings in shares of iShares U.S. Financials ETF (NYSEARCA:IYF) by 69.8% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 62,071 shares of the company’s stock after selling 143,218 shares during the period. Stillwater Capital Advisors LLC owned about 0.25% of iShares U.S. Financials ETF worth $4,631,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of the business. Pacific Sun Financial Corp bought a new position in iShares U.S. Financials ETF during the second quarter valued at approximately $370,000. Etfidea LLC grew its holdings in shares of iShares U.S. Financials ETF by 2.4% in the second quarter. Etfidea LLC now owns 84,278 shares of the company’s stock worth $6,288,000 after purchasing an additional 1,959 shares during the last quarter. First Citizens Financial Corp bought a new position in shares of iShares U.S. Financials ETF in the second quarter worth approximately $5,563,000. Ameriprise Financial Inc. grew its holdings in shares of iShares U.S. Financials ETF by 1.8% in the first quarter. Ameriprise Financial Inc. now owns 322,576 shares of the company’s stock worth $22,963,000 after purchasing an additional 5,693 shares during the last quarter. Finally, Centaurus Financial Inc. bought a new position in shares of iShares U.S. Financials ETF in the first quarter worth approximately $262,000.

iShares U.S. Financials ETF Stock Performance

Shares of iShares U.S. Financials ETF stock opened at $78.57 on Tuesday. iShares U.S. Financials ETF has a 52-week low of $66.04 and a 52-week high of $82.30. The stock has a market capitalization of $1.91 billion, a price-to-earnings ratio of 9.21 and a beta of 1.03. The company’s 50 day moving average price is $77.44 and its 200-day moving average price is $74.07.

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.