Flow Traders U.S. LLC decreased its position in shares of iShares U.S. Financials ETF (NYSEARCA:IYF – Free Report) by 27.0% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 27,886 shares of the company’s stock after selling 10,313 shares during the period. Flow Traders U.S. LLC owned 0.11% of iShares U.S. Financials ETF worth $2,081,000 as of its most recent SEC filing.
A number of other institutional investors and hedge funds also recently added to or reduced their stakes in IYF. WealthPLAN Partners LLC purchased a new position in shares of iShares U.S. Financials ETF during the first quarter worth about $29,000. Dividend Assets Capital LLC purchased a new stake in shares of iShares U.S. Financials ETF during the second quarter worth approximately $40,000. Compass Wealth Management LLC acquired a new stake in shares of iShares U.S. Financials ETF during the fourth quarter worth $87,000. Patriot Investment Management Group Inc. purchased a new position in iShares U.S. Financials ETF in the 4th quarter valued at $106,000. Finally, Fifth Third Bancorp raised its position in iShares U.S. Financials ETF by 11.0% during the 2nd quarter. Fifth Third Bancorp now owns 1,720 shares of the company’s stock worth $128,000 after buying an additional 170 shares during the last quarter.
iShares U.S. Financials ETF Stock Up 2.3 %
Shares of NYSEARCA:IYF opened at $77.71 on Wednesday. The company has a market cap of $1.88 billion, a price-to-earnings ratio of 9.21 and a beta of 1.03. iShares U.S. Financials ETF has a fifty-two week low of $66.91 and a fifty-two week high of $82.30. The firm’s 50-day simple moving average is $75.02 and its 200-day simple moving average is $74.81.
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.
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