iShares U.S. Financials ETF $IYF Position Trimmed by Allstate Corp

Allstate Corp trimmed its holdings in shares of iShares U.S. Financials ETF (NYSEARCA:IYF) by 50.7% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 8,650 shares of the company’s stock after selling 8,893 shares during the period. Allstate Corp’s holdings in iShares U.S. Financials ETF were worth $1,115,000 as of its most recent SEC filing.

Other large investors have also recently added to or reduced their stakes in the company. Northwestern Mutual Wealth Management Co. lifted its position in shares of iShares U.S. Financials ETF by 488.4% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 3,913,622 shares of the company’s stock valued at $504,583,000 after acquiring an additional 3,248,510 shares in the last quarter. Bank of Montreal Can lifted its position in shares of iShares U.S. Financials ETF by 1,275.8% in the 3rd quarter. Bank of Montreal Can now owns 699,898 shares of the company’s stock valued at $88,635,000 after acquiring an additional 649,026 shares in the last quarter. Sagespring Wealth Partners LLC lifted its position in shares of iShares U.S. Financials ETF by 247.2% in the 4th quarter. Sagespring Wealth Partners LLC now owns 826,819 shares of the company’s stock valued at $106,602,000 after acquiring an additional 588,659 shares in the last quarter. AlphaCore Capital LLC lifted its position in shares of iShares U.S. Financials ETF by 947.3% in the 4th quarter. AlphaCore Capital LLC now owns 163,661 shares of the company’s stock valued at $21,101,000 after acquiring an additional 148,034 shares in the last quarter. Finally, Camarda Financial Advisors LLC purchased a new stake in shares of iShares U.S. Financials ETF in the 2nd quarter valued at approximately $13,689,000.

iShares U.S. Financials ETF Stock Up 0.6%

IYF stock opened at $122.86 on Friday. iShares U.S. Financials ETF has a 12-month low of $113.62 and a 12-month high of $133.54. The company has a market cap of $3.37 billion, a price-to-earnings ratio of 16.42 and a beta of 0.92. The company has a 50 day moving average of $121.67 and a two-hundred day moving average of $124.46.

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.