Advisortrust Partners LLC lowered its stake in shares of iShares U.S. Financials ETF (NYSEARCA:IYF – Free Report) by 99.7% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 307 shares of the company’s stock after selling 88,628 shares during the period. Advisortrust Partners LLC’s holdings in iShares U.S. Financials ETF were worth $36,000 at the end of the most recent reporting period.
Other large investors have also recently made changes to their positions in the company. Financial Life Planners bought a new position in iShares U.S. Financials ETF in the 1st quarter valued at $25,000. Ransom Advisory Ltd bought a new position in shares of iShares U.S. Financials ETF in the fourth quarter worth $26,000. Flagship Harbor Advisors LLC bought a new position in shares of iShares U.S. Financials ETF in the fourth quarter worth $26,000. Key Capital Management INC purchased a new stake in shares of iShares U.S. Financials ETF in the fourth quarter worth $28,000. Finally, Hazlett Burt & Watson Inc. raised its position in shares of iShares U.S. Financials ETF by 666.7% in the fourth quarter. Hazlett Burt & Watson Inc. now owns 230 shares of the company’s stock worth $30,000 after buying an additional 200 shares in the last quarter.
iShares U.S. Financials ETF Trading Down 0.7%
Shares of IYF opened at $133.63 on Friday. iShares U.S. Financials ETF has a 12-month low of $113.62 and a 12-month high of $135.27. The company has a market cap of $4.37 billion, a PE ratio of 16.42 and a beta of 0.90. The stock has a 50-day moving average price of $127.06 and a 200-day moving average price of $125.10.
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. The Company invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.
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